billionaires cut gold holdings, page-4

Yes I recall SOROS doing just that a couple of years ago.

Time will tell I suppose. As for current POG, if the drop is due to the crowd getting confidence and moving into equities, then given the continuing troubles around the world and real possibility of renewed recession, more talk of currency devaluations, it could be the crowd will be back.

It will also be interesting to see what Asia thinks of all this. After a weeks holiday coming back online to find a favored investment down by say USD50 or so may fire up buying in that region ...or to sell.

Who knows, I don't.