Finland’s Gold And Central Bank Manipulation

Finland’s gold and central bank manipulation (via Futures Magazine)

By Alasdair Macleod November 1, 2013 • Reprints On Wednesday Finland gave in to public pressure and revealed where it stores its gold (COMEX:GCZ13) reserves. The statement followed a press release by the Bank of Sweden on similar lines released on…

Seth Klarman: Investors Can No Longer Rely On Mean Reversion

Volatility"For most of the last century," Seth Klarman noted in his second-quarter letter to Baupost's investors, "a reasonable approach to assessing a company's future prospects was to expect mean reversion." He went on to explain that fluctuations in business performance were largely cyclical, and investors could profit from this buying low and selling high. Also Read More