Wednesday, April 3, 2013

As Bitcoin prices surge, worries about a speculative bubble mount

By Sam Forgione and Jennifer Ablan NEW YORK (Reuters) - Bill Gross, manager of the world's largest bond fund, said on Wednesday that the Federal Reserve's aggressive monetary policies may have changed the landscape so greatly that investors like himself and Warren Buffett may face radically new challenges in trying to maintain their track records. Gross, who oversees the $288 billion PIMCO Total Return Fund and is co-chief investment officer of its parent company, Pacific Investment Management Co. ...

Source: http://news.yahoo.com/bitcoin-prices-surge-worries-speculative-bubble-mount-025707264.html

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