Kitco: Billionaires Increase Gold Stakes
Cameron Hanover’s Vince Lanci joins Daniela Cambone for another episode of “RESET”, discussing market events following the discovery that billionaires George Soros and Paulson had significantly increased their gold stakes, a discovery made upon their Q2 disclosure, as well as the release of U.S. economic data which has many reevaluating the possibility of QE3 or further stimulus. We give CH’s range assessment for gold and also and future expectations for the metals markets. Kitco News, August 15,2012.
Buyers Lurking Beneath?