Saturday, April 16, 2011

George Soros: Gold Is A Bubble But I Own Gold

"Soros repeated his warning gold is locked in the “ultimate bubble”, and told investors bluntly it was “certainly not safe” in troubled times. Soros was simply repeating a warning he issued at the World Economic Forum (WEF) in February. But while Soros himself warned gold was in a bubble, his hedge fund, Soros Fund Management LLC was one of the biggest gold bulls of the year, doubling its holding of shares in the SPDR Gold Trust at about the same time he was issuing his warning at the WEF in Davos."


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