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Message: Hedge Fund Investors Turn To Gold In Bet Against Central Banks

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lever2000

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Re: Hedge Fund Investors Turn To Gold In Bet Against Central Banks

in response to Hedge Fund Investors Turn To Gold In Bet Against Central Banks by AGORACOM

posted on Mar 11, 09 12:43PM

Investors such as Mr Einhorn are turning to gold because they are worried about the response of the US Federal Reserve and other central banks to the economic crisis. A bet on gold is a bet against paper currencies.

like me as well. Gold is the only safety net these days.

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