George Soros Sees Gold as the "Ultimate Asset Bubble"

Gold is set to finish its 11th consecutive year of gains, the longest winning streak in at ninety years, and is on the brink of a bear market, says George Soros. The billionaire who called it the ā€œultimate asset bubbleā€ two years ago, reduced his gold and gold related by 99 percent in the first quarter of 2011, according to the Securities and Exchange Commission data.

Betty Liu reports on Bloomberg Televisionā€™s ā€œIn the Loop.ā€

Gold Bubble Seen by Soros on Brink of Bear Market

Source: Dec. 29 (Bloomberg)~~~

See also

George Soros Says Markets Are `Always Fallibleā€™

Billionaire investor George Soros talks about global financial markets and his philanthropy. He speaks with Francine Lacqua on Bloomberg Televisionā€™s ā€œEye To Eye.ā€ (Source: Bloomberg)Oct. 10 (Bloomberg)

Total
0
Shares
Previous Article

Neils Jensen: Investment Outlook (December 2011) - "The Facts They Don't Want You To Know"

Next Article

Jim Rogers: Why He's Shorting Stocks and Favouring Commodities

Related Posts
Subscribe to AdvisorAnalyst.com notifications
Watch. Listen. Read. Raise your average.