Gold Rush: Blip or Bust?

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HFA Staff
Published on
Updated on

Gold is crashing on today’s markets as investors, seemingly spooked by recent decisions in Europe, have begun to exit the stock en masse. According to Reuters, the metal is headed for its worst two day loss in 30 years, leaving many investors incredibly vulnerable. Certain Hedge Fund Managers are almost certainly hitting the panic button. Commodity futures have been doing particularly poorly on this morning’s market with Gold leading. The yellow metal has lost about 9.5 percent of its value since last Monday’s close while crude oil has lost about 3.5 percent of its value. Silver had lost 10 percent…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.