Dumb Investing: Investment Themes »
By Andy on Aug 18, 2008 in Dumb Investing, Featured, Prediction Markets | 0 Comments
The recent pulldown in commodity prices has not convinced me to reduce allocation in gold/energy. Investors bought into the “demand destruction” theory while the US Dollar went up in response to problems in the European Union. In herd-like fashion, hedge funds and institutions exited in tandem, triggering stop loss orders and heralding the “end of the commodities boom”.
I [...]
