Video du Jour: Evy Hambro on why gold is shining

By Prieur du Plessis, on September 19th, 2009 posted in: Gold, Investment

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Always worthwhile listening to, Evy Hambro, managing director at Blackrock and co-fund manager of the Blackrock Gold and General Fund, says the most important driver for the climb in gold prices has been the declining trend in production. Prices need to rise further before mining companies will think it will pay to invest in building new mines.

Click here or on the image below to view the video.

Source: Financial Times, September 18, 2009.

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