Gold- The Big Buyer Has Hedged His Bet

November 9, 2015

Last week an article on Bloomberg quotes Stan Druckenmiller making a case for a higher dollar and lower euro. A higher dollar is historically bearish for gold, Druckenmiller is a big long in the gold ETF GLD. In my latest work for Seeking Alpha I explain how Stan is now long gold in euros and how I believe he has hedged his position in gold with a long dollar bet.

Article: Gold- The Big Buyer Has Hedged His Bet

Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s