On the heels of a 20% drop in gold and a 40% drop in gold-mining stocks, the most passionate defender of the precious metal has launched his first gold mutual fund.
The EuroPac Gold Fund (EPGFX) will invest primarily in gold-mining companies, where Mr. Schiff sees a big opportunity.
“We've been
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The eurozone is finally starting to show signs of growth more than five years after the financial crisis, and financial advisers are betting that there is more good news to come.
New offering grabs $2.8 billion in first few days; a JPMorgan fund has similar outflow.
If the commonwealth defaults, it will cause a shock to the system.
BlackRock and Goldman Sachs are the big beneficiaries of Pimco's bad bond call.
Both Bill Gross' Pimco and Jeffrey Gundlach's DoubleLine Capital have made pushes into actively managed equities in the last three or so years, and if active managers aren't worried yet, they should be.
