Hedge Fund With 235% Return Says Gold Decline Is Temporary
Hedge fund manager Raphael Lamm believes the recent drop in gold prices is temporary, maintaining that the long-term factors driving the metal's value remain strong.
Australian hedge fund manager Raphael Lamm, whose long-short gold fund has delivered a net return of more than 200% to investors since its launch last year, sees the recent decline in bullion as temporary, arguing that the key forces underpinning its long-term rally remain intact.
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