Having Druckenmiller join the dark side and get himself some paper gold is actually some of the better news we’ve had in quite awhile. Hopefully some of the lemming hedge fund managers will jump on board with him.
I am a little concerned though that he hasn’t actually watched the paper killers on Comex long enough and might not realize just how tough an uphill battle he’s in for. Fundamentals don’t really matter in the gold market Druck, just sayin’.