The World’s Biggest Gold Bull?
Posted by Investment Rarities on May 25th 2010 in China, General Economy, George Soros, Gold, India, Silver, Wall Street | Be the first to comment!
Expected Returns introduces a Wall Street Journal profile of Thomas Kaplan, “the bull of bullion. He has gone further than perhaps any other major investor, betting the majority of his wealth on gold and other precious metals. And it reflects his deeply held conviction that global economic instability could bring rising demand for gold.”
Forbes has more on Kaplan, who also told the Journal that “I’ve reached a point where I feel the only asset I have confidence in is gold,” while analysts surveyed by Bloomberg are confident that the price of gold will increase 27 percent by year’s end.
More…
Reuters: Gold climbs on flight-to-quality buying
Mineweb: BMO Research reckons silver will outperform this year
The Golden Truth: Compelling evidence for a big move in gold this summer?
The Street: Top 5 reasons gold prices move
Minyanville: Gold and crude oft misconstrued
The Daily Reckoning: Is BP too big to fail?
Mises Economics Blog: Marc Faber makes the case for doom
Wall Street Journal: Don’t rule out a double dip recession
Washington Post: One false move in Europe could set off global chain reaction
