Fishhead06
Buffett may be anti-gold. I'm sure emotion plays no part in this view.
Similarly, I doubt emotion plays any part in Soros investment decisions.
I question anyone who feels the need to use caps in the middle of the sentence to try and make a point. It signals emotional investment in the statement being made, a NEED to MAKE the reader BELIEVE!!!! which in turn leads to irrationality, which is what I sense when I read your posts.
Soros bought his gold, and then he sold it for a profit - 99 percent of its holding in the SPDR Gold Trust and all 5 million shares in the iShares Gold Trust. These are ETF's by the way, not physical gold, and the contracts are not available to settle in gold, but in paper currency. He also made some moves in gold miners. Just like any other investment or stock sector. That's what a successful trader does. He also held gold whilst publicly stating he felt gold was moving into a bubble - and historically you want to stay in bubbles to make the big coin and get out before they pop. So all he did was put his money where his mouth was.
Fishhead06Buffett may be anti-gold. I'm sure emotion plays no...
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