|
||
Manipulation-Tracking Gold Hedge Fund Would Have Grown From $100 Million To $2.16 Billion Since 20012010-08-27 — zerohedge.com
``For the more cavalier traders, going long gold overnight and then short gold for the intraday period, makes for an even more profitable strategy... Consider a hedge fund starting in 2001 with $100m, with the strategy of being long gold from the PM to AM fix, and short gold from the AM to PM fix. That hedge fund would be worth $2.16billion today, before any fees and expenses. This should be enough to catch any investor’s attention.''
source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |