buffett, soros - ah, wrong name PhillW please take note.
MARKET TALK: Conspiracy Theory Surfaces On Soros, Silver 21/04/06 14:02:00
0402 GMT [Dow Jones] Trader rumor mill linking investor George Soros' alleged silver stocks with metal's 20% plunge overnight: According to conspiracy theory,
Barclays bought Soros' warehoused silver to back proposed exchange traded fund, anticipation of which has driven up price 80% this year. "We don't know the rate but we feel there's been a deal done and the market got wind of it," says Sydney-based trader. More conventional thinking links selloff to some USD strength, slight oil easing triggering profit taking from unsustainably steep run-up, with pent-up stops exacerbating downward spiral.(JAD)
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The suggestion made in Post #967898 dated 22 March may not have been that far off the mark. At least others who are closer to the action think so.
OK I concede - used the wrong name.
Substitute Buffett with Soros.
Let's hear from Uncle Bob's cheer squad.
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