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Bailey McCann, Opalesque New York:

In July, Lugano-based Insch Capital Management launched a new strategy, which builds on the work of the firms existing Goldilocks gold program. The new program - Insch Kintore - is now available to investors looking for an actively managed gold strategy.

Kintore takes an algorithmic approach to trading gold/currency crosses and has been in development as an experimental program for the past 18 months. In its first month as an investor program, Kintore has posted returns of +11.49%, even as the gold market hits new lows.

The performance of Kintore is notable as both performance and volume have dropped away from the gold market in recent months. According to Bloomberg data, volume for August of this year is already 8 percent lower than the same time last year and prices are sitting near historic lows. The value lost many gold-related industries like miners and in instruments like gold ETFs from December 2014 to July 2015 is not less than $30 billion.

In recent Insch market commentary, the firm noted that, "gold price has not recovered significantly since and ended the month at $1095.82/oz, a monthly low not seen since January 2010, and a monthly loss of -6.5%. The Nyse Arca Gold Miners Index lost -22.5......................

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