Austrian hedge fund chief see gold to $3,000 to $5,000

Author: Eamonn Sheridan | Category: News

If you like gold, you’ll like this news item – Hedge fund boss Baha sees gold at $3,000-$5,000

Christian Baha, the head of Austrian fund firm Superfund says the gold price could rise to between $3,000 and $5,000 over the next five to 10 years
He’s got the mantra down pat:

“Do you think paper money has any intrinsic value? I don’t believe so. Gold has real value,” Baha said in a recent interview.

“If gold goes down to $1,200 or $1,000 then I’m going to buy more”

Reuters

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