Jon Nadler, senior analyst for Kitco Metals, discusses Libya, oil prices, OPEC, and what this means for gold; China, India, inflation, and base metals also discussed. Daniela Cambone reports.
Wednesday, March 9, 2011
Insider Trading Trial Begins in U.S. Court
March 8 (Bloomberg) -- The criminal trial of Galleon Group LLC co-founder Raj Rajaratnam began in federal court in Manhattan today as more than 100 potential jurors were assembled to be questioned about their views of Wall Street, hedge fund managers and the recession. Rajaratnam is accused of making $45 million from confidential information leaked by corporate insiders and hedge fund traders. Bloomberg's Suzanne O'Halloran reports. (Source: Bloomberg)
Gold, Cotton Prices May Rise Further says Gary Mead of VMG
March 9 (Bloomberg) -- Gary Mead, an analyst at VM Group in London, talks about prospects for demand driving cotton and gold prices higher this year. He speaks with Mark Barton on Bloomberg Television's "Countdown."
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