Hedge Funds

Doomsday Hedge Fund Sees Gold Topping $3,000 An Ounce

by fa-mag.com posted 2months ago 11 views
A hedge fund manager who returned 47% this year by betting on gold and Treasuries says the next decade is going to be marked by inflation that central banks are powerless to control. Diego Parrilla, who heads the $450 million Quadriga Igneo fund, says unprecedented monetary stimulus is fueling asset bubbles and corporate debt addiction -- rendering interest-rate hikes impossible without an economic crash.

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