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."

Reuters

George Soros: The U.S. Should Take On More Debt

George Soros On The New World Order

“The main obstacle to a stable and just world order is the United States. The time has come for a very serious adjustment."

George Soros

George Soros Begins To Create A New Economic Order

Just two years ago, billionaire investor George Soros declared that he wanted to restructure the whole economic system of the world.

Two weeks from now, Soros will begin to do so, without anyone having noticed. Journalists from Wall Street Journal write that a fund that Soros started with more than $50 million dollars will hold on April 8 an international conference which aims to bring “new international rules” and to “reform the global monetary system”.

The event will gather over 200 personalities from academic scene, business and government apparatus, in an attempt to replicate the famous Bretton Woods in 1944, which led to the creation of IMF (International Monetary Fund) and World Bank.

Soros wants a new “multilateral” system in which America no longer occupies a dominant position. Most of those who will speak at the event have direct links with Soros.

Among them will be Paul Volcker, chairman of Obama’s economic council, friend of Soros, whom he called “a big speculator” of our times. Another participant is the economist Jeffrey Sachs, president of The Earth Institute, a foundation that received from Soros approximately 50 million dollars to finance the Millennium Project.

Joseph E. Stiglitz, the famous economist and Nobel prize winner for economics, also a friend of George Soros, will be attending the event with Rob Johnson, a former director of Soros Fund Management.

source

George Soros: China Yuan Will Be The New World Revered Currency

George Soros On U.S. Spending Cuts

"While currently the U.S. economy is improving, that is going to be a serious brake on that in terms of employment and effective demand. So I am a little bit less optimistic for the U.S. economy than most people are currently."

George Soros

George Soros On Green Energy

“Developing alternative sources of energy and achieving greater energy efficiency is both a significant global investment opportunity and an environmental imperative.”

George Soros

George Soros: Euro Debt Crisis Is About To Be Resolved

"The euro crisis is about to be resolved. There is now a determination to make up the missing element, which is a common fiscal policy or a common treasury. But I'm afraid that the structure that is being put together will also be flawed. It is clearly visible that it will create problems in the years to come because the euro, which was supposed to bring about convergence has actually created a divergence within the performances of the various countries.

The structure that is currently being discussed will cast this divergence in stone. That will have very serious consequences because you are creating a two-speed Europe between surplus countries surging ahead and indebted countries sinking under the weight of their debt.

In the coming two years you will see something of a replay of the euro crisis in the United States in connection with the states and local governments."

George Soros

George Soros: The Markets Are Generally Unpredictable

"The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market."

George Soros

George Soros: How To Make Money

"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong."

George Soros

Which Super Investors Are Bullish On The Market For 2011?

Based on previous posts on this blog, it appears George Soros, John Paulson, Bruce Berkowitz, David Tepper and Marc Faber are pretty much all bullish (while some are cautiously bullish). Each has his own reasons for being bullish. Some are bullish on the economy while others are bullish because of inflation.

It's very hard to bet against these guys and expect to win.

George Soros: Gold Is The Ultimate Bubble

It’s all a question of where are you in that bubble. The current conditions of actual deflationary pressures and fear of inflation is pretty ideal for gold to rise.”

George Soros

Soros bought $64 million worth of IAU gold shares last quarter.