Stalking Horses Support Gold: Billionaires Increase Gold Stakes ▸ RESET w/ Vince Lanci

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Vince Lanci of FMX Connect and Cameron Hanover joins us for another episode of “RESET”, discussing this week’s market events following the discovery that billionaires George Soros and Paulson had significantly increased their gold stakes and are apparently hedging w/ the metal, a discovery made upon their Q2 disclosure, as well as the release of U.S. economic data which has many reevaluating the possibility of QE3 of further stimulus. Lanci gives us his range for gold and also let’s us know what he’s looking ahead to and expects to see in these markets. Kitco News, August 15,2012.

As well as the most accurate precious metal prices online, Kitco also provides up-to-the-minute news with usable market information. Videos provided by and © Kitco.

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