“The mood on metals has soured and thus one is left with two options: Expect more of the same as gold pursues another leg down or fight the trend, presumably under an assumption that it has run its course. Soros seems to have made up his mind. And in doing so has surprised us. With Soros it’s probably a case of watching what he does, not what he says – as the article points out, he loves to mislead the public by giving voice to one opinion while investing in an entirely different way. Also, Soros is about as big an insider as there is. If anyone understands the near-term future of metals prices it might be him. What exactly does he know?”
http://www.thedailybell.com/29132/Strange-Times-Indeed-Soros-Buys-the-Miners
(Visited 30 times, 1 visits today)
Related posts:
Bill Bonner, To the Class of 2014: You’re “Screwed”
The 21 Places Snowden Has Sent Asylum Requests
How the US spends 26% of available tax revenue just to pay interest
Josie Harris Reads Letter from Guantanamo Bay
Glenn Greenwald: The 'both-sides-are-awful' dismissal of Gaza ignores the key role of the US governm...
Taking the Police State Train
Italy's ex-intelligence chief given 10-year sentence for role in CIA kidnapping
Feds tell Web firms to turn over user account passwords
ISIS May Have Looted $430 Million From Mosul's Central Bank
Police are filing warrants for your Android location timeline
nio Card Adds Bitcoin Payments to its Long List of Features
New ‘Anti-Terror’ Checks On Beijing’s Subway Cause These Lines
The French National Sport Is Taxation, not Soccer
Man Has Home Ransacked by Police for Paying Cash
Is the Constitution Bailing Out the Banks?