Apr 7, 2014

Hedge Funds: They Are Like Ultra-Long Risk Funds

Over the last few years the interesting thing about hedge funds is that none of them are hedging. They are like ultra-long risk funds. Some of these funds were long/short, now they are long and longer. That is the attitude that the Federal Reserve has created.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

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