Soros has joined the camp of bears - 18 August 2016 - free no deposit forex bonus
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Main » 2016 » August » 18 » Soros has joined the camp of bears
11:08
Soros has joined the camp of bears

 

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Large investors, hedge funds dumped shares in the second quarter, and turned their sights on gold, without being able to foresee the rally in the stock market in the current quarter - on AMarkets materials.

 

AMarkets

 

George Soros, Jeffrey Gundlach, David Tepper - billionaire investors - influential hedge funds, dropped a record number of shares in the second quarter. According to Jeff Gundlach, in a circle of rich players are actively multiplying idea - to sell everything, because everything looks unattractive, but money in pure form. Hedge fund industry - an influential player of not less than $ 3 trillion. George Soros has recently called gold "bubble obvious."But today it is actively building up long positions in the metal. In particular, recently increased its position in Barrick Gold Corp valued at $ 263.7 million at the end of the first quarter. Gold stocks increased by almost 185% over the past 12 months against the background of a rally in the gold market, which is fueled by apocalyptic BREXIT-sentiment among investors.

 

Economists believe that the bearish behavior of the major players in the hedge-stock industry risks cause a serious blow to hedge funds. So how is that hedge funds seek to preserve good face on a bad game - try still promise success in the foreseeable future, to attract investors' money in the stock market.

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