A Golden Opporutnity - More Smidiots Talking About Gold
Gold prices soared today, hitting a record high in today's trading. But could this precious metal reach $5,000 an ounce in the next few years? Rob McEwen, US Gold Corp. CEO with his forecast.
Fool's Gold
A few notably big and brilliant hedge funds are extremely confident that gold will go straight up from here. In fact, I even spoke with a clever young lad at one of the world’s largest hedge funds recently that told me how risky stocks were and how gold was a “currency”
Gold's Selloff Completely Normal: Expert
Gold's pull back offers good long-term buying opportunities, says Aaron Smith, managing director at Superfund Financial, talking to CNBC's Bernard Lo and Oriel Morrison. He believes gold is an alternative to cash and expects strong support for the metal between $1,280-$1,300.
Meet The Man Behind The Liquidating Hedge Fund That Blew Up...
Over the past several weeks there had been rumors that the reason for the precipitous drop in gold was primarily driven by a hedge fund liquidating its futures positions. This has now been confirmed: "Yeah, that was just me liquidating my spread position," Mr. Daniel Shak, [of SHK Asset Management]
Is Gold A Bubble?
What exactly is an asset-price bubble? Economists still argue about the exact definition of a bubble, but in summary a bubble can be characterised by a negative feedback loop of rising asset prices attracting more buyers to a market, in turn driving prices higher and attracting more investors. In
Gold Prices Rise To Record As Demand Mounts For Alternative To...
Oct. 12 (Bloomberg) -- Francisco Blanch, head of global commodities research at Bank of America Merrill Lynch, discusses the implications of Federal Reserve monetary policy for crude oil prices. Blanch, speaking with Erik Schatzker on Bloomberg Television’s “InsideTrack,” also talks about the
The Fiat Currencies Are Headed Into Crisis
It’s important to recognize what’s actually going on with the price of gold, which has broken into new record territory again today – to $1,331 as I write. It is not that there has been a change in gold’s fundamentals, because there hasn’t. To recap those
Milton Friedman Explains Role Of Gold In Great Depression.
http://stock.ly/5vhsonMilton Friedman explains what happened during the great depression and what the role of the federal reserve is during economic ups and downs. This is from a 10 hour documentary series which can be viewed online at: http://www.ideachannel.tv/The problem is not the gold standard, the problem is
