Thursday, September 1, 2011

Gold is up 150% since late 2008

The savvy hedge fund players are cashing in on the gold rush.Hedge funds are using gold as a curb against sharp moves and also as a swiftly appreciating long holding , one reason Gold can rise indefinitely unlike the Yen or the Swiss franc for example both of which are popular positions right now , the yellow metal is immune fro,m central bank metaling that contempt upward swings since late 2008 Gold is up 150 percent

The New California Gold Rush

Thanks to record gold prices, companies are reopening California's old mines , it takes a lot oif money and patience to start a new mine , there is gold in California and Nevada and the companies are rushing tp extract it , the hardest part though is not mining the gold but getting the permits to mine and cope with the rules and regulations , it may take up to 15 years to open a mine due to the regulations in place

Bob Chapman - The sovereign Economist 31 Aug 2011

Bob Chapman : it won't be long before they lose the ability to manipulate the market , how long I can't say but I think sometime next year may be sooner , eventually there is going to be an investigation about the manipulation of the market coming from the House and the senate , the Rothschild control the central banks of 30 , 40 other countries

DAILY NEWS ON BOOZE