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David Einhorn Comments on Gold

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May 17, 2017
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Gold rose over 8% to start the year. Nothing significant happened here (the White House columns are not gold yet); gold simply reversed a portion of the post-election decline it suffered last quarter. Gold remains a long-term position with a thesis that global fiscal and monetary policies remain very risky.

  • From Einhorn's first-quarter 2017 shareholder commentary.
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