Tuesday, February 23, 2010

George Soros is buying gold?

Well, sort of.  Documents filed with the SEC show Soros is a buyer--big time.  On the other hand, we've got his famous quote to consider.
In other gold news, SEC documents show that George Soros doubled his gold investment during the end of 2009, while publicly calling gold the “ultimate asset bubble.”

So, do you suppose Mr. Soros is buying because he wants to be in this "ultimate bubble?"  It might make sense.  Clearly anyone who expects a massive spike from currents prices would be comfortable buying now.



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