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Hedge Funds Are Pulling Out Of Gold And Seeking Thrills Elsewhere
FYI: Hedge funds are pulling out of gold bets as more exciting moves in equities and cryptocurrencies make safe-haven investments look boring. Money managers cut their bets on a bullion rally at the fastest pace in five months as prices head for their worst quarterly loss in a year. Speculators are throwing in the towel as the metal failed to sustain the gains that took futures to a one-year high in September. Regards, Ted https://www.bloomberg.com/news/articles/2017-12-15/-nobody-cares-about-gold-as-hedge-funds-seek-thrills-elsewhere
