The US Dollar has lost 65% of its value against the Euro over the last 7 years. Its no coincidence that a massive Hedge Fund industry has risen in its wake.There are around 8,000 hedge funds globally managing over 2.5 trillion Dollars. All of them placing bets on global markets. Betting the market will rise, will fall, will do nothing. The vast majority are long-only which means they benefit from a rising market. The underlying trend behind this level of speculation - the likes of which the world has never seen is the fear of the worlds reserve currency, the U[...]
Read More...
[Source: The Money Blogs]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment