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
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Thursday, September 1, 2011
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
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