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Video: $1,000 gold 'not if, but how soon'

by Richard Harris on Jan 30, 2009 at 10:25

Speaking to Bloomberg at Davos, Barrick Gold chairman Peter Munk says it is only a matter of time before gold breaches the $1,000 barrier. But wealthy investors only want physical gold - not certificates or contracts - in their safes:

At Reuters, Financial Services Authority chairman Adair Turner blames the banking crisis on a combination of regulatory shortcomings and systemic failures, and discusses approaches such as shared international standards on capital adequacy and leverage:

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