Smart Money May Be Early But It's Betting On Commodities |
September 12, 2015 | September 2015 Bond Updates |
A few legendary influencers in investing are making huge bets right now on commodities, an area that continues to face some pretty strong headwinds. Stanley Druckenmiller made a $323-million bet on gold, now the largest position in his family office fund. Meanwhile, George Soros recently moved $2 million into coal producers Peabody Energy and Arch Coal, and activist investor Carl Icahn took an 8.5-percent stake in copper miner Freeport-McMoRan, which we own. |
View more at: http://www.forbes.com/sites/greatspeculations/2015/09/08/smart-money-may-be-early-but-its-betting-on-commodities/ |
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