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If George Soros can do it, why can't we?
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Thread: If George Soros can do it, why can't we?

  1. #1
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    Default If George Soros can do it, why can't we?

    Gold & Silver Decline: George Soros Nearly Quadrupled Gold Stake in Q1

    Despite once calling gold the “ultimate bubble,” George Soros’ hedge fund nearly quadrupled its exposure to the SPDR Gold Trust from 85,450 shares in the fourth-quarter to 319,550 shares in the first-quarter. Soros Fund Management also opened a new position through call options in Newmont Mining (NYSE:NEM), one of the world’s largest gold producers.


    Read more: http://www.foxbusiness.com/markets/2...#ixzz1vTKtbEzS

  2. #2
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    Thanks for the finding that link.
    Legal Disclaimer: All posts by the person known here as tom1000000 are not to be relied upon for any reason and may be totally incorrect. All rights reserved.

  3. #3
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    It is called an oligarchy and he is a member.

  4. #4
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    Kinda crafty, actually. Old Soros publicly announces one thing, then he does the opposite. Talk down the price of precious metals, then buy the hell out of them. We better keep an eye on him and his buddies, like Warren Buffet and the rest. Pretty crafty bunch.

  5. #5
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    Quote Originally Posted by Xizang View Post
    Kinda crafty, actually. Old Soros publicly announces one thing, then he does the opposite. Talk down the price of precious metals, then buy the hell out of them. We better keep an eye on him and his buddies, like Warren Buffet and the rest. Pretty crafty bunch.
    Is that similar to the Silver seller, Eric Sprott, who continually shouts to the rafters that everyone should buy Silver, and that the mining companies should stop selling their product?

    I dearly love the Silver market. I avidly despise people who try to make their money by BSing other people about it.

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