In a Bloomberg interview on Tuesday, Druckenmiller said he dipped back into gold in December and January. His rationale is fairly simple. "I wanted to own some currency and no country wants its currency to strengthen," He continued: "Gold was down a lot, so I bought it."
But if Druckenmiller really wanted to make a play on metals he'd du...
Switzerland's Gold Exports To China Surge To 158 Tonnes In December Switzerland's gold bullion exports to China saw a huge jump in December, climbing to 158 tons versus a much lower 30.6 tons in November - a jump of 416%.
There are also flows to retail and high net worth investors including companies and family offices choos...
I started to follow the situation in Dallas because the press had begun characterizing the crisis facing the Dallas Police and Fire Pension System as the tip of the iceberg of state and local plans. My view is that it is a story of wild investments that produced large losses, along with a very large and excessively ...
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