The hedge-fund firm that made billions of dollars betting against subprime-mortgage securities, is starting a gold fund, tapping into investor concern about a weak U.S. dollar and inflation.

A hard-asset letter is sticking with its thesis. And it’s working … for now.

Bullion has once again breached the $1000/oz barrier. Will it manage to hold above this level this time around?

Technically speaking, further consolidation is likely in order for stocks in the near term, which argues for reducing risk and avoiding lower-quality names. But until proven otherwise, there remains in effect a broader uptrend for the stock market.

Investors seeking to stabilize a shaky portfolio often look to gold. We examine a few of the gold plays likely to shine brightest.

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by AnalystChoice.com (AC).

Adds credit capacity to amended US$450 million revolving credit facility