"Wyke didn't give a time frame for his gold prediction but was speaking at a press conference in Hong Kong to market the Schroder Alternative Solutions Gold and Metals Fund, a fund to invest primarily in derivatives. Gold may account for about 40 percent of the fund's assets, based on a “model'' used to simulate returns, said Wyke. The fund would also buy securities linked to metals including aluminum, copper, iron ore, zinc and uranium. No timescale to the foreacast but not a bad time to talk up the price."
MON Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held