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Financial Times/Laurence Fletcher and Henry Sanderson/4-5-2020
“Some of the world’s largest hedge funds are raising their bets on gold, forecasting that central banks’ unprecedented responses to the coronavirus crisis will lead to devaluations of major currencies.”
USAGOLD note: Chock full of information, this is the most important and comprehensive report we have seen in quite some time on hedge fund involvement in the gold market. We will summarize it by saying hedge fund involvement is deep, the players are prominent, and their commitments, given the rationale, are unlikely to unwind anytime soon. Highly recommended ……
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