more hedge funds joining the gold rush

[Agremen]

Everyone talk about Gold and silver....There PlatinumCooper Brass ....

[Agremen]

wow that girl talking about china and china use Platinum...

[Paolo7219]

Who would better know the s##tstorm that is coming than the hedge funds? The hedge funds, more than anybody else, helped cause this mess. India seems to be aware as well. IMHO, gold should be a part of everyone's portfolio, just as Max and Stacy--and others--advise.

[DrBPhD]

These hadgefunds should be forced into bankrupcy as soon as possible. They are one of the real dangers to western society at large.

[xantipathebest]

The people who bought low are yelling BUY, BUY, BUY, because they want to inflate the price in order to make money. At one point they start selling. People who bought late will lose. It's the same like the high tech and the real estate bubble.

BUY!!!!!!!!!!!

[linux23dragon2008]

No It is more to do with massive money printing and we no longer trust the governments.

That is why you should buy Gold and Silver.

But Silver has more fundamentals that make it an investment of a life time.

[benchaffleck]

If the shit ever hit the fan on earth and we are reduced to bartering to survive who in their right mind would trade clean water or food for gold? I say buy things you can use-like ammo, motor oil, seeds to plant crops etc...

[benchaffleck]

Humans have had an obsession with gold since the beginning. It is completely useless. At least copper and platinum have industrial uses. Gold just looks nice and people like to drape it around their bodies. If the human race ever evolved to the point where we can understand the uselessness of gold it would be worth nothing.

[dankeewolnir4042]

saw an interesting proposal the other week about why the asian countries are buying gold (mainly China)...

if they buy gold, and mint a portion of it into face value coins, the expand their money supply without devaluing their currency... so if they take an ounce worth 1110, and coin it at 800, they have the original value backing the new 800bux just created. Obviously this would be in the Yuan, but it is an interesting thought.

[Kaaideen]

gold has crossed $1110 line today, now is $1108

[Hendo1974]

The Chinese Government will not allow Gold to Collapse, It is a matter of NOT LOSING FACE, very important in their culture like the Japanese and Silver as well, Remember People-GOLD IS FOR KINGS AND SILVER FOR GENTLEMEN-HE WHO OWNS THE GOLD MAKES THE RULES-PERIOD! AWAKEN THE SHEEPLE!

[Ristar85]

Gold will not collapse. Gold is ALWAYS precious.

but the Dollar will, if the US keeps printing money... it'll be like the Japanese's banana notes during WWII.

[therhythmicmenace]

5*s

Excellent pictures on your recent Max Keiser vids!

:)

[jamesandhoa]

India plays A better poker hand.

[leepakim]

Paul Tudor Jones????

WOW!!!

[Chance411]

Do you know who that guy is?

He started Tudor Investments in the early 80s with maybe 40 to 50k and his invesmtent fund is worth 2 to 4 billion 20 years later.

There is a good old doc about him on youtube if you search for it.

Kind of an odd guy, but he knows what he is doing.

[dankeewolnir4042]

I knew he was rich, and obviously smart, but had no i idea he was a billionaire.

[leepakim]

i know thats why i wrote "WOW!!!"

[halfasheep]

Good upload, Russia's move was interesting.

Interesting that the IMF actually sold, and the price rose instead of fell as it does when they threaten to sell.

[jimbobubbadj]

Gordan was stupid for selling the gold.

[Danster82]

common Max get real, that maybe the reason Brown stated for selling the gold but really he and his buddys were probably buying it up.

[CoinsFreedom]

The smart money is starting to move now.  It won't be long before the mania phase where every joe schmo wants gold and silver. Things will go exponential for the mining shares after the bullion is all gone.

[prosvjeta]

6:12

hahahahahhahah max never misses the opportunity to mention how stupid g.brown was about gold.

[kryogenikz]

LoL...I know ...Really think Brown tried to sabotage his own countries currency for the benefit of the USA. What a bum!