Hedge Funds Are Losing Faith in Precious Metals

(Bloomberg) Gold is out of favor with money managers and it’s not the only precious metal facing investor exodus. Hedge funds and other large speculators are hitting the exit as they brace for monetary tightening in the U.S. and Western Europe. Money managers are not waiting around for signs that the Federal Reserve may change its rate trajectory, as they turn bearish on precious metals. These charts show the trend in sentiment.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply