Unbeatable
Big Eyed Bug
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http://www.zerohedge.com/contributed/2013-01-21/pacific-group-latest-hedge-fund-buying-physical-gold-converting-13-assets-gol
It's only a 100 million dollar hedgefund but I like the statements I quoted.
It's only a 100 million dollar hedgefund but I like the statements I quoted.
Ownership of gold through financial instruments based on it, such as Comex futures contracts, now represents more than 100 times the physical gold that exists above ground worldwide, Kaye said, citing the Pacific Group’s own analysis.
“Gold, the way we look at it, is anywhere from being undervalued to being seriously undervalued,” Kaye said. “We’re in the early stages, in our judgment, of what would likely be the world’s largest short squeeze in any instrument.”