Long Gold/Short Stocks ETF Drops 12%
September 07, 2011 at 15:53 PM EDT
A specialized exchange traded fund that profits when gold strengthens against stocks fell more than 10% on Wednesday as investors piled into equities and fled safe-haven assets. FactorShares 2X Gold Bull/S&P 500 Bear (NYSEArca: FSG) was down about 12% at last check. Wednesday’s markets...