Lucky greenspan works for his business,,,maybe he can come out and warn us about not owning gold,,,,the canary in the coal mine,,,,,no ridiculously insane conflict of interest there,,,cough cough
Paulsons Buy in from memory was 953, if it got anywhere near that, going to be alot of pain in that market because of his huge position, plenty of other heavy wieghts around with billions under management that would be seeing an opportunity to cause a big specialist fund a few problems,,,,,they love to smash each other,,,,is paulson going to become the new brown brothers?..........and then there is always the pressure from within as clients look to redem,,,,,,and when that happens a fund manager has little choice.....
Seems to be alot of talk that some companies with huge probable and proven reserves could be takeover targets,,,,,,,if a mine has heaps of reserves but every ounce you produce creates negative margin,,,,,and you mothbath,,,,,,,,,,how much would you pay to take over a loss making mine,,,,,,,,,?
