Unusual Foreign Exchange Financing Leads To Volatile MetalsMark Melin
Armajaro Commodities Fund was up nearly 2 percent in June but is still down under 1 percent on the year, according to an investor letter reviewed by ValueWalk.
Armajaro made its money in precious metals and corn while wheat, a correlated crop, led to losses along with tin, which is exposed to economic strength.
Metals price drops on unusual foreign exchange financing activity
Some unusual activity in the financing of currency trading . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible