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Experts & Analysts Betting On Gold Price Leap, Convert Hedge Fund Assets Into Gold

Soros raised his GLD financial investment by 49 % in the 3rd quarter to about $ 215 million while Paulson has about $ 3.6 billion purchased GLD, according to papers submitted with the Securities and Exchange Commission. Buy gold now! Read why...

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PRLog (Press Release) - Jan. 23, 2013 - The Pacific Group Ltd., a Hong Kong-based fund established by a previous PaineWebber Inc. trader, just revealed strategies to transform one-third of its hedge-fund possessions into physical gold. The step is just enhancing a current flood of hedge fund cash into gold as veteran traders put big wagers that prices will increase as governments print even more cash to settle financial obligation. William Kaye, creator and CIO of The Pacific Group Ltd., is following some really popular fund supervisors into huge gold positions. How High Will Silver Go? Learn More >> http://silver-dollar-values.net

Soros Fund Management, established by George Soros, and Paulson & Co., established by John Paulson currently have huge stakes with the SPDR Gold Trust ETF (NYSEARCA: GLD), the greatest gold-backed exchange-traded product. Soros raised his GLD financial investment by 49 % in the 3rd quarter to about $ 215 million while Paulson has about $ 3.6 billion purchased GLD, according to papers submitted with the Securities and Exchange Commission.

"Gold, the way we consider it, is anywhere from being underrated to being seriously undervalued," stated Kaye. "We're in the early phases, in our judgment, of exactly what would likely be the globe's biggest brief squeeze in any instrument." Rare Coins, Silver Coins, Gold Coins >> http://www.silver-dollar-values.net/Selling-Gold/

Ownership of monetary instruments based upon gold, such as Comex futures agreements, represents even more than 100 times the physical gold that exists above ground worldwide.

"All you really require for a significant upward revaluation of gold is for a little portion of individuals to physically reclaim from significant central banks or various other depositories that are holding your gold and utilizing it for their functions," Kaye included. Our recommendation is to hold gold long term for the best gains. How High Will Silver Go? Learn More >> http://www.silver-dollar-values.net

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Source:James A. Bakerman
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City/Town:New York City - New York - United States
Industry:Business, Finance
Tags:silver dollar values, silver prices, gold prices, silver coins, gold coins
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