“While debate continues as to how far gold and gold equities will continue to drop, the Soros Fund is lightening up on physical gold in exchange for gold mining equities and call options on the extremely volatile junior mining stocks. There couldn’t be any stronger indication by the fund as to its beliefs about the timing of this bottom (outside of selling everything and going all-in on call options of course). It remains to be seen whether these positions will end up in the green or not, but with a forty year track record of 20% annual returns, I’ll be betting on the Soros Fund.”
Related posts:
Deputies Watch Woman Die In Court, Refused To Give Her Asthma Medicine
Huge US Weapons Cache Stolen in Libya Now in al-Qaida Hands [2013]
Hacked payment card service transmitted cardholder data in plaintext
Israel Bans Travel For Settlement Opponents, Sparks Expat Backlash
Italy Confronts Germany, Adding Additional Euro Pressure
Alpha Technology Announces ASIC Miners for Litecoin are Coming Soon
Christopher A Hartwell on Thailand and Bitcoin
Dzhokhar Tsarnaev is American
ECB Admits It Slashed Purchases Of Italian Debt During Latest Political Crisis
NY Dad’s Pistol License Suspended Over A Comment His 10 Year Old Son Made
Does your Senator want war?
UK Royal Mint Working On Plans To Issue Gold-Backed Physical Bitcoins
Edward Snowden says the NSA is hurting the US
Bitcoin could be a boon for porn and other high-risk merchants
Voters in Six States Approve Measures Nullifying Federal Acts