Optimism about the economy here and abroad is urging hedge funds to increase bets on commodities to the highest point they have been in close to five months. News about a plan for a Greek return to economic stability and more significant signs of economic growth in the US will help to increase demand while…
Tag Archive: Commodities
Tony Hall Predicts Gains in Gold Commodities
According to hedge fund manager Tony Hall, investors seeking to secure their assets will be drawn to gold, platinum and Brent oil. Hall, the chief investment officer of Duet Commodities Fund, also predicted that gold may climb 21% to an all-time high of $2,200 an ounce by the end of this year, while platinum may…