Gold and Commodities are Dead, Hedge Funds are Liquidating: SPDR Gold Trust, iShares Silver Trust
BillionairesPortfolio.com: Bloomberg news just reported that Hedge Funds cuts their bets on Gold ($GLD) , and became the most bearish on agricultural commodities since 2007 such as sugar and coffee.
Hedge Funds are spooked that the Federal Reserve will slow the U.S. stimulus programs that have artificially raised prices for raw materials.
Please don’t get caught up trying to buy a dip in Gold ($GLD) or any other commodities, countless Academic research has proven that hedge funds inflows and outflows into commodities tracked by the Commitment of Traders Report have predicted major price moves. Money flows are very important and the “smart money is all out dumping Gold ($GLD) Silver ($SLV) and agricultural commodities ($DBA).
So how do you take advantage of the impending huge decline in commodities, through my Billionaire’s Portfolio, where I show you how to use leveraged ETF’s to take short positions that can make 100%.
For more on my background and how my service The Billionaires Portfolio has been able to crush the stock market, please click this link to register for my free Webinar on Wednesday February the 27th.
Related Tickers: SPDR Gold Trust (NYSEARCA:GLD), iShares Silver Trust (NYSEARCA:SLV), PowerShares DB Agriculture Fund (NYSEARCA:DBA).
Editor of The Billionaires Portfolio