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Hedge Fund Legend & Multi-Billionaire Stanley Druckenmiller Just Bought Back His Entire Gold Position!

Monday, February 6, 2017 18:26

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kingworldnews.com / February 06, 2017

Today King World News is pleased to be the first news outlet in the world reporting that hedge fund legend Stanley Druckenmiller, who now manages his own $4.7 billion fortune, just bought back his entire gold position after selling it on the night of Trump’s victory as President of the United States.

When it was reported that Druckenmiller had sold his entire gold position on the night of Trump’s win, it sent shockwaves through the gold market. In fact, before gold bottomed in the middle of December, look at the swoon starting on the left side of the chart that occurred immediately after Trump won what many called a shocking upset (see chart below).

Source: http://silveristhenew.com/2017/02/06/alert-hedge-fund-legend-multi-billionaire-stanley-druckenmiller-just-bought-back-his-entire-gold-position/

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