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To: Why So Serious

My complaint was just that he takes the analyst’s cop-out of pointing to the possibility of huge price gains and significant downside risks, in the same sentence.

If he’s so sure that it’s worth 6000 an ounce why would he worry about a decline to 1400?


15 posted on 06/25/2012 8:39:53 AM PDT by babble-on
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To: babble-on

I imagine he’s warning the stakeholders of Hinde Capital about the plausible effects of forced Gold liquidation by struggling hedge funds - so that the fund doesn’t have to deal with a load of redemptions.

I recommend listening to the whole interview, rather than this summarized version. It’s on King World News.


17 posted on 06/25/2012 9:21:35 AM PDT by agere_contra
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