Paul Tudor Jones: Gold has everything going for it

From moneyweek.com

If the Federal Reserve is planning to cut interest rates this year as far as markets are predicting, there’s one trade that should beat the rest, reckons hedge-fund billionaire Paul Tudor Jones, founder of the Tudor Investment Corporation. “If I had to pick my favourite trade for the next 12 or 24 months, it’d probably be gold,” he tells Bloomberg News. “I think if it goes through $1,400 an ounce, it goes to $1,700…quickly. It has everything going for it in a world where rates in the US are conceivably going to zero.” It’s not so long ago – most of last year, in fact – that the US central bank was ... (full story)