Petropavlovsk - POG Stream Log

June 2014 Gold Investing News

25th May 2014 Blackrock sued for charging disproportionately larges fees on mutual funds by Joe Morris

Pog three hedge fund which have been shorting pog shares are Blackrock Management, Oxford Asset fund and Sothic Capital,

Barclays has been fined 26 million after a Gold trader Daniel Plunkett tried price fixing driving down Gold prices paying a customer £2.3 million X this by 200 then you wonder why Gold prices have drop and are so low

Hi just been reading about Soros the hedge fund who broke the Bank of England with his shorting I've met quite a few millionaire in my life the only thing they are interested in is money they make it their God unfortunately they don't have many true friends just yes ones

China has three trillion dollars, but they are buying Gold as fast as they can. China worries that the USA is going to devalue the dollar through inflation so they want to have a hedge if the dollar goes down, so that Gold will go up.

By Author Richards May 29th 2014

President Putin says Russia, China needs to ensure security of their Gold reserves, Russia announces that it will sell and buy products and commodities with it launch of an Independent Ruble system a financial system that would be based on Russia's real economy and resources guaranteed by its Gold reserves A PEACEFUL MOVE

Goldcore 25th May 2014

The pension time bomb "looms" UK pension funds lack of diversification and overexposure to traditional assets may cost pension holders dearly, according to new research from Goldcore Pension allocations to gold are very low in the UK and yet Gold has an important role to play over the long term in preserving and growing pension wealth. Gold to see a "massive shortages and will not be able to get bullion, Financial expert Pentagonmay not be able to acquire physical gold when prices begin to surge, Gold is tax free in the Uk