Gorrie investigates the possible reasons for these large moves towards gold, but also acknowledges the smaller moves made by everyday traders.
Austin, TX (PRWEB) August 22, 2012
AbsoluteWealth.com has published the latest The Gorrie Details editorial column from James R. Gorrie. The column looks into the transactions of major hedge fund players who are going after gold for intriguing reasons.
Entitled “Follow the Yellow Bullion Road,” the column focuses in on two influential financial players, George Soros and John Paulson, who are “sucking up shares in the SPDRS Gold Trust like there’s no tomorrow,” Gorrie said in the article.
Gorrie investigates the possible reasons for these large moves towards gold, but also acknowledges the smaller moves made by everyday traders. “Individual investors and “regular” people are buying it, too, in places all over the world,” Gorrie said. “As you would expect, there are some very good reasons for them to do so as well.”
When shifts away from currency and in the direction of other commodities occur, Gorrie knows there are always complex reasons why they happen. In order to get to the bottom of the explanations, Gorrie investigates the global gold situation, and determines what has made the precious metal so financially attractive.
Gorrie’s thought-provoking articles on macroeconomic issues bring an impactful and no-hold-barred writing style to the events that effect both the private and public sectors.
James R. Gorrie is Managing Editor of Absolute Wealth, based in Austin Texas. In addition to his daily articles, The Gorrie Details, at Absolute Wealth, James also writes Special Reports, interviews current thought leaders, and provides analyses on geopolitical events around the world that affect the market. James is also currently writing a book on the crises China faces, which will be published by John Wiley & Sons in the spring of 2013. His background includes attaining doctoral candidacy in international relations and comparative politics, with an area specialty in international political economy and a BA in economics.
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