After a long hiatus, billionaire George Soros has returned to trading, getting rid of stocks and buying gold and shares of gold miners; and when you see the richest people in society taking clear financial and investment decisions, then it makes sense to at least pay attention.
“Soros Fund Management LLC, which manages $30 billion for Mr. Soros and his family, sold stocks and bought gold and shares of gold miners, anticipating weakness in various markets. Investors often view gold as a haven during times of turmoil,” says an article in The Wall Street Journal (WSJ).
“Soros Fund Management LLC, which manages $30 billion for Mr. Soros and his family, sold stocks and bought gold and shares of gold miners, anticipating weakness in various markets. Investors often view gold as a haven during times of turmoil,” says an article in The Wall Street Journal (WSJ).