Thursday, March 11, 2010
Buy Gold While Supplies Last, Says Fund Manager
Lost in the headlines over the dollar's resurgence in 2010 is the fact gold is still rising in most worldwide currencies. It is also still faring well in dollar terms. Gold is trading at around $1,120 per ounce, up about $60 in the last month. Frank Holmes, CEO and CIO of U.S. Global Investors, a long time gold bull sees no reason for this trend to end.
Hedge Funds Bailing Out of Gold - There is risk of deflation not inflation says Anthony Scaramucci Gold is not going where people are expecting
There is more deflation risk than Inflation , the Gold is not going where people think it will says Anthony Scaramucci, of Skybridge Capital
Anthony Scaramucci, of Skybridge Capital, discusses what's next for gold with the Fast Money traders , There will be no inflation anytime soon without real wage growth , despite the trillions of dollars helicoptered into the economy , without wage growth there is more a risk of deflation than inflation Anthony Scaramucci believes
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