Why Hedge Funds Are Embracing Gold

Why Tudor, Greenlight, Horseman, and other hedge funds are embracing gold or an ETF backed by gold.

(Andrey Rudakov/Bloomberg)

(Andrey Rudakov/Bloomberg)

The economy is crumbling, prices for a wide variety of goods and services are falling, and there’s little hope for strong growth for at least a year or two — or until a vaccine for Covid-19 is developed.

Amid this climate, a growing number of hedge funds are embracing gold, saying they fear a rise in inflation.

This

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