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more hedge funds joining the gold rush

Max Keiser talks to Stacy Herbert about the latests gold news recorded on November 7th 2009  
 
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Paolo7219 (1 day ago) Show Hide
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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 (1 week ago) Show Hide
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These hadgefunds should be forced into bankrupcy as soon as possible. They are one of the real dangers to western society at large.
xantipathebest (1 week ago) Show Hide
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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 (4 days ago) Show Hide
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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 (3 weeks ago) Show Hide
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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 (3 weeks ago) Show Hide
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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.
Ristar85 (3 weeks ago) Show Hide
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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.
leepakim (3 weeks ago) Show Hide
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i know thats why i wrote "WOW!!!"
dankeewolnir4042 (3 weeks ago) Show Hide
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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.
dankeewolnir4042 (3 weeks ago) Show Hide
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I knew he was rich, and obviously smart, but had no i idea he was a billionaire.

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