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

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(Another) Hedge Fund Makes Headlong Rush Into Gold

posted on Mar 18, 09 07:49AM

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.

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