Gold and other precious metals, such as silver, platinum and palladium, are good investments when there is uncertainty and instability in national and international economic markets. The reasons for this are not that hard to understand: There is a limited amount of these precious metals in circulation, but demand for them is continuously rising. It…
Tag Archive: Gold
Jaspal Phull: Investors Will Turn to Gold
According to a manager at Stenham Asset Management, gold will continue to be a reliable haven despite the recent falls. Yesterday, gold experienced the largest monthly slide in over three years, as a result of increasing pressure from a major sell-off in commodity markets. Still, the metal has benefitted throughout a time of unease caused…
Gold and Silver Fall After Global Sell-Off
Despite recent claims that gold is the way to go during the financial crisis, it, alongside silver and several other commodities, has fallen as a result of a global sell-off in financial markets. On Thursday, gold fell 3.7%, or $66.40, to $1,741.70 per ounce. Silver, a high-demand metal in many industries, also took a severe…
Tony Hall Predicts Gains in Gold Commodities
According to hedge fund manager Tony Hall, investors seeking to secure their assets will be drawn to gold, platinum and Brent oil. Hall, the chief investment officer of Duet Commodities Fund, also predicted that gold may climb 21% to an all-time high of $2,200 an ounce by the end of this year, while platinum may…
Confidence in Hedge Funds Climbing as Other Options Take on Added Risk
The GlobeOp Capital Movement Index measured gross outflows from hedge funds to be about 0.57% in August, which is the lowest amount since the records began to be kept by GlobeOp in January 2006. This is the lowest amount of withdrawals from hedge funds since before the credit crisis began. Analysts believe investors are…
Gold Prices Rise as Investors Take Interest
Abu Dhabi retailers have stated that gold has maintained its status as a valuable prospect for financiers in their search for a safe investment option. Alternative Asset Analysis, or AAA, agrees with this statement, explaining that despite the increase in prices, gold is still a solid alternative. Over the past few weeks, gold prices have…
Going for Gold?
Hedge Funds Slash Gold Holdings It’s true that it hasn’t exactly been a great time for gold. The precious gem “ended lower” in May at $10.60, following the disclosure from various hedge funds that there had been a “slashing” of its holdings. In the first quarter, Soros Fund Management announced it had sold 99 percent…
Mega Millions and Gold
Wealth of Hedge Fund Managers Perhaps not too shockingly is the fact that hedge fund managers are making mega bucks. But what might rate as news was the figure John Paulson earned, especially compared with that of his take home pay prior to that, rendering him the “top earning hedge fund manager,” at a staggering…
The Golden Bubble
Gold is “the ultimate bubble,” financier George Soros has declared this year on numerous occasions. “I called gold the ultimate bubble which means it may go higher,” Soros explained at a Reuters Newsmaker event in New York this September, “but it’s certainly not safe and it’s not going to last forever.” Whether gold is or…