Days before gold and silver underwent massive declines, Hedge Funds 'Tiger cub' Robert Citrone's Discovery Capital disclosed a 0.8 percent short in Anglo American plc (LON:AAL) (OTCMKTS:AAUKY). Anglo American has major exposure in mining of base metals like iron and copper, additionally the company is also involved in the exploration of platinum group metals.
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Anglo American plc (LON:AAL) (OTCMKTS:AAUKY)'s exposure in the gold is limited, but being a China dependent operation, it is likely that its bad days will soon come. Iron ore's prices fell in the Setup a free account to get access to this article (no credit card required).Login required to continue reading.
