iBankCoin
Joined Nov 11, 2007
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Hedge Fund Redemptions May Behind the Crushing of Gold Prices

“Although it might not pass as willful financial manipulation, hedge fund actions are influencing gold prices, according to Mike Swanson, founder and chief editor of WallStreetWindow, an online community of independent investors and analysts.

The price gold is being suppressed as poor-performing hedge fund — and there are many of them — are forced to meet investor redemptions, he says

But gold will rise again when those redemptions end in a week, predicts Swanson, himself a former hedge manager….”

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