Apogee: When Market Rigging Punished, Watch For Bull Markets To ReturnMark Melin
Could equal enforcement of the law regarding market rigging lead to a significant bull market? After knocking the cover off the ball in February and March with 52.62% year-to-date performance, Apogee Gold Fund appears to have been embolden. Fund manager William M. Cabot Jr., in an April 2016 letter to investors reviewed by ValueWalk, speaks his mind about an infuriating topic to professionals in metals market: price fixing by large and politically influential banks. The letter illustrates a subtle change in market structure, a positive . . .
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