Saturday, March 17th, 2018 MST

Category: Stock Market

Hedge funds close, blame computer trading

Anthony Ward, famed London commodities trader, closed shop after nearly forty years of trading.  His reason: he couldn’t keep up with computer trading. According to Reuters, Ward blamed the rise of computer-driven funds and high-frequency trading.  Other well-known commodities investors also threw in the towel.  They are now looking for opportunities where machines can’t make

Gold, silver hammered

Gold and silver prices were hammered this morning, gold down $20 at its low, silver down $.60. Both recovered only slightly. It is no coincidence that the metals dropped in what is one of the slowest commodities trading days of the year, tomorrow being the 4th of July with most bullion house traders in the