Currencies And Pouring Into 'The Ultimate Bubble'
Feb. 17, 2010, 6:14 AM
George Soros's Soros Fund Management charged into gold during the fourth quarter, doubling its stake in the world's largest gold ETF.
Note that he did this despite the fact that gold prices had already run up substantially by 4Q.
It's also despite the fact that in Davos he recently said that gold was the 'ultimate asset bubble' and that there was 'no alternative to the dollar'.
These are the actions of a true trend trader, it seems.
http://www.businessinsider.
No comments:
Post a Comment