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re: What is George Soros investing in?
Posted on 8/20/12 at 8:35 pm to foshizzle
Posted on 8/20/12 at 8:35 pm to foshizzle
Well, foshizzle. Real, tangible money isn't for everyone. 
On the other hand, we all know that there's bubble in precious metals based on the enormous amounts of posts in this board, eh?
On the other hand, we all know that there's bubble in precious metals based on the enormous amounts of posts in this board, eh?
3
Posted on 8/20/12 at 9:43 pm to goodgrin
Can someone kill him already.
Posted on 8/20/12 at 9:56 pm to goodgrin
Soros is a washed up has been.
Posted on 8/21/12 at 2:59 am to goodgrin
quote:
Real, tangible money isn't for everyone
He bought shares of SPDR Gold Trust - in other words, certificates and not "real, tangible money".
If you click through to the actual filing, you'll see he has about double that amount in Sandisk Corp. bonds. Even more than that in Walmart stock.
$130M his gold certificate position isn't even that big a part of the total portfolio of almost $7B. Around 2%. Gee, what a ringing endorsement.
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