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Hedge Funds 'Could Cause Disaster' for Gold TANA GOLDFIELDS Mining Fraud Investment Tips Peter Hambro, one of the leading figures in Britain's gold mining sector, has criticised hedge funds for distorting the market for gold and warned that there is potential for "disaster" in the industry. Mr Hambro, co-founder and chairman of Russian gold miner Petropavlovsk, made the comment in an interview in The Sunday Telegraph. The gold price, fixed at $1,376.12 per troy ounce in London on Friday, has fallen more than 30pc from a 2011 peak of more than $1,900. Figures from the World Gold Council last week showed that ownership of the world's gold shifted further East during the first half of 2013. Source: http://www.experienceproject.com/stories/Tana-Goldfields-Articles/3379489 https://groups.diigo.com/group/tana-goldfields-articles/content/tana-goldfields-articles-10-tips-how-to-avoid-gold-investment-scams-10180248