Banro - From Gold Explorer to Mine Developer

Banro Gold: Proven and Probable Reserves Increase to 4.52 Million Ounces at Twangiza

Hub Home

> Log In

Demo Video
Private Messages
Edit My Profile
View/Edit Portfolio

Email Updates

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

Aim to develop and manufacture the best technology graphite in the world
Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More | *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013 Read More | *SPONSOR

Message: (Another) Hedge Fund Makes Headlong Rush Into Gold

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

AGORACOM-ERICB2

Rank: [?]

President

Points: [?]

6140

Rating: [?]

Votes: 1 Score: 5.0

Currently 5.0/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

(Another) Hedge Fund Makes Headlong Rush Into Gold

posted on Mar 18, 09 10:57AM

Dear shareholders,

In an effort to keep you up to date on all pertinent information regarding the resource sector and more specifically gold bullion, please see the attached article titled “Hedge Fund Makes Headlong Rush into Gold.”

As the economic meltdown has worsened in recent weeks and months, firms such as Eton Park Capital Management LP, Greenlight Capital Inc. and Hayman Advisors LP have been boosting their exposure to the yellow metal. The investment funds are turning to gold as central banks around the world continue to print money in hopes of stimulating economic growth.

“As the world deals with the global economic crisis, the value of gold, as the only true ‘hard currency,' is coming to the fore as evidenced by the investment choices of some of the world's most seasoned investors,” AngloGold Ashanti Ltd. chief executive officer Mark Cutifani said yesterday.

Regards,

AGORACOM Investor Relations

Please click here to view article in its entirety.

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »