http://www.reuters.com/article/2010/10/28/us-jpmorgan-hsbc-silver-lawsuit-idUSTRE69R2G420101028
Could be one of the big stories of the year…..
Comments Off on JPMorgan Chase & Co and HSBC Holdings Plc were hit with two lawsuits alleging silver manipulation
“According to estimates by Shayne McGuire in his new book, Hard Money; Taking Gold to a Higher Investment Level, the typical pension fund holds about 0.15% of its assets in gold. He estimates another 0.15% is devoted to gold mining stocks, giving us a total of 0.30% – that is, less than one third of one percent of assets committed to the gold sector.” read more
I wonder what the situation here in Australia is?
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