Wednesday, October 6, 2010

Gold Hits another Record High

Gold hit another record high Wednesday. James Turk, chairman and founder of Goldmoney joined CNBC for more.

Peter Hambro, Gold May Reach $1,500 an Ounce by Christmas, Then Much Higher

Oct. 5 (Bloomberg) -- Peter Hambro, chairman of Petropavlovsk Plc, a gold and iron ore mining and exploration company in Russia, talks about the outlook for gold prices. Hambro, speaking from Moscow, also discusses plans to sell shares in IRC Ltd., the company's iron-ore unit in an initial public offering. He speaks with Maryam Nemazee on Bloomberg Television's "Countdown."

Gold Prices Are Unstoppable

NEW YORK (TheStreet) -- Will Rhind, head of U.S. operations for ETF Securities, says he thinks gold prices will head higher as governments fight a currency war.
Wed 10/06/10 13:10 PM EST -- Alix Steel
Stocks in this video: SGOL | PALL | GLD | SIVR | IAU | PPLT

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