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Would Tocqueville's Hathaway Risk Too Much By Being Honest?

by news.goldseek.com posted 11months ago 36 views
Dear Friend of GATA and Gold:In response to GATA's August 23 dispatch -- "Tocqueville's Hathaway Marvels at Gold's Depression but Declines to Explain It" --http://www.gata.org/node/18446-- a friend who is a fund manager writes:"Don’t be so hard on Hathaway. ... Once you start making a lot of noise about what goes on behind the curtain you have no idea of the dirty tricks and outright criminality that will be thrown your way by your complicit brokers. "I maintained a fairly low-leveraged hedge fund with a typical exposure of 90 percent long and 30-40 percent short.

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