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Citigroup – Investment Prospects within Gold and ForGold of South Africa

ForGold - Hedge Fund leans towards Gold investment over US Stock and Bonds

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PRLog (Press Release) - Apr 21, 2008 -
ForGold has been the next target of leading American Hedge Fund Manager Paul Stotts and his somewhat “out of the box” investment strategy. A brave move or perhaps forward thinking on his part - whatever you decide, this is not the first American based investment firm to turn away from US Stocks and Bonds marketplace to favor Gold as a “safe-haven” or long term investment prospect.

ForGold have yet to comment, however sources close to the firm have stated that the very fact that US firms are looking across the Atlantic to the South African precious metals industry, bolsters what the smart investors in ForGold apparently already knew; Gold is the only stable long term investment vehicle and this has been proven over time.The source close to ForGold apparently added that South Africa is now well positioned to offer excellent investment opportunities, especially within the mining industry.

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Source:NetRelease
Country:South Africa
Industry:Business, Finance
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Shortcut:http://prlog.org/10065852
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