Stanley Druckenmiller Returns To Gold

Discussion in 'Commodities Forum' started by longtermbull, Mar 6, 2017.

  1. longtermbull

    longtermbull Administrator Staff Member

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    In light of the election of Donald Trump to president of the USA a number of experienced and extremely successful investors decided to reduce their exposure to gold. Historically gold is seen as a safe haven in times of trouble so, with many expecting the US stock market to push ahead, it made sense to reduce their exposure. Stanley Druckenmiller is one such extremely successful investor with a career taking in the likes of George Soros and his own company Duquesne Capital (closed down in 2010). So, Stanley Druckenmiller decides to return to gold – what were his reasons for doing so?

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  2. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I think it's a good idea to have a little $ in gold.
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    Interesting to see if others follow suit - is the bull market now running out of steam?
     

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