EconBlog Review: Bloomberg Joins Gold Bears as Proven by …

Mar 1, 2010   //   by Admin   //   Sell Scrap Gold  //  Comments Off

George Soros is helping drive up gold prices by doubling his bet in a market even he considers a “bubble” as Goldman Sachs Group Inc., Barclays Capital and HSBC Holdings Plc predict more gains before it bursts. … effort by Bloomberg to assist the gold bears– all suggest to me that the gold bulls are aligned with the major trend, whether or not ultimately the price of gold will ultimately crash and thus could be bought at today’s price some years in the future. …

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