This article represents opinions of the author and not those of his firm and are subject to change from time to time and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment strategy. The information contained here has been obtained from ...
Paulson & Co. Stands Pat on Gold, Takes Stake in Extended Stay America
Retail goods are on sale, but Morningstar.com readers say that investments are looking pricey.
Investors remain largely bearish on gold as the metal heads for its biggest monthly drop since June and its first annual drop since 2000. Even hedge fund manager John Paulson , one-time bull, wouldn't add more at current levels.
Hedge fund manager John Paulson maintained his position in the SPDR Gold Trust as the metal rebounded recently but his gold fund is down 62% so far this year. George Soros bought a stake in the Market Vectors Gold Miners ETF. Different strokes.
Tactical asset-allocation funds continue to draw in assets, but not all investors will be comfortable with their broad mandates.
Tuttle Tactical Management, LLC is an investment adviser registered with the U.S. Securities and Exchange Commission. You should not assume that any discussion or information contained in this letter serves as the receipt of, or as a substitute for, personalized investment advice from Tuttle ...