Wednesday, May 8, 2013

GOOG: The recent selloff in commodities (DBC) is not...

2:52 PM The recent selloff in commodities (DBC) is not a correction, says Stan Druckenmiller, now on stage at Ira Sohn, but instead the end of the supercycle. Avoid all commodity currencies - Brazil (BRL), South Africa (SZR), Canada (FXC). "Frankly, I'd short the aussie (FXA)." His largest equity holding? "I can't imagine a better position than Google (GOOG)" - selling for 16x earnings and no exposure to China. Read comments

GOOG price at time of publication: $866.18. Check GOOG price now »

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