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Sprott Asset Management Files Preliminary Prospectus in the US for a $ 575 Million Gold Bullion Fund December 13, 2009 David Einhorn, the President of hedge fund Greenlight Capital, and fellow prominent hedge fund manager, John Paulson of Paulson & Co,... Full Article at Seeking Alpha
Can You Lose Money By owning Gold? So many gold bugs think this is absolutely impossible. However as a commodity trading advisor… I believe anything can happen and stick to a thought out plan. Full Article at The Market Oracle
David Einhorn of Greenlight Capital, Inc. speaks during the Ira W. Sohn investment research conference in New York May 27, 2009. View Photo »
Japan may already be past the point of no return
Gold’s best year in three decades has yet to match the returns of an interest-bearing checking account for anyone who bought the most malleable of metals coveted for at least 5,000 years during the last peak in January, 1980. Full Article at Business Standard
SAN FRANCISCO Gold has long been favored by a fringe of the investment world, but this year some of the world's leading hedge-fund managers have loaded up on the precious metal amid concern about government efforts to avoid another Great Depression... Full Article at The Tennessean
Everything glitters but nothing is gold in this colourful account of the collapse of Lehman Brothers On Friday 11 April 2008, his bank's credibility teetering, the chief executive of Lehman Brothers, Dick Fuld, met US Treasury Secretary Hank Paulson at... Full Article at New Statesman
David Einhorn of Greenlight Capital, Inc. speaks during the Ira W. Sohn investment research conference in New York May 27, 2009. View Photo »
Gold does well when monetary and fiscal policies are poor and does poorly when they appear sensible ... Gold did very well during the Great Depression when FDR debased the currency. It did well again in the money printing 1970s, but collapsed in response to Paul Volcker's austerity.
In a world of paper currencies and paper promises, I can think of many reasons right off the top of my head why the price of gold will continue to go up in the long term, however since this essay's length is limited, I'll just mention 5 of them. Full Article at The Market Oracle
A month ago I approvingly quoted David Einhorn on buying gold: "... I decided holding gold is better than holding cash, especially now that both offer no yield." Full Article at iStockAnalyst
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David Einhorn of Greenlight Capital, Inc. speaks during the Ira W. Sohn investment research conference in New York May 27, 2009.
View Photo »David Einhorn of Greenlight Capital, Inc. speaks during the Ira W. Sohn investment research conference in New York May 27, 2009.
View Photo »David Einhorn of Greenlight Capital, Inc. speaks during the Ira W. Sohn investment research conference in New York May 27, 2009.
View Photo »David Einhorn of Greenlight Capital, Inc. speaks during the Ira W. Sohn investment research conference in New York May 27, 2009.
View Photo »David Einhorn of Greenlight Capital, Inc. speaks during the Ira W. Sohn investment research conference in New York May 27, 2009.
View Photo »Japan may already be past the point of no return
Gold does well when monetary and fiscal policies are poor and does poorly when they appear sensible ... Gold did very well during the Great Depression when FDR debased the currency. It did well again in the money printing 1970s, but collapsed in response to Paul Volcker's austerity.
Gold does well when monetary and fiscal policies are poor and does poorly when they appear sensible ... Gold did very well during the Great Depression when FDR debased the currency. It did well again in the money printing 1970s, but collapsed in response to Paul Volcker's austerity.
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