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Commodities Briefing - Categorized | Bullion/Gold, People, Price Watch more

Hedge fund boss Baha sees gold at $3,000-$5,000

Posted on 29 May 2013

Christian Baha, the head of Austrian fund firm Superfund and representative of the hedge fund industry in Oliver Stone movie Wall Street 2: Money Never Sleeps, is predicting that the gold price could rise to between $3,000 and $5,000 over the next five to 10 years.
Baha, who says he has more than half his personal wealth in gold and silver, either physically or in units in Superfund funds denominated in the precious metals, believes that an unprecedented phase of quantitative easing by central banks is driving a bubble in government bonds, but that gold offers real value……………………………………Full Article: Source


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