George Soros and Euro
George Soros is swooping in like a vulture on a carcass with the euro, as the currency expert who has made the vast majority of his fortune betting on currencies, is looking to make another killing by betting against the euro.
Via his Soros Fund Management company, Soros is putting a huge amount of resources to generate what will eventually be an extraordinary sum of money made from the euro crisis stemming from the PIIGS in southern Europe: Portugal, Ireland, Italy, Greece and Spain.
Soros isn't alone though in his hedge fund focus, as others are salivating to get into what looks like one of the surest bets around to make a once-in-a-lifetime deal on.
George Soros and Euro
Showing posts with label Soros Fund Management. Show all posts
Showing posts with label Soros Fund Management. Show all posts
Friday, February 26, 2010
Thursday, February 18, 2010
George Soros, Marc Faber, John Paulson, Jim Rogers All Buying Gold
George Soros, Marc Faber, John Paulson, Jim Rogers
One thing I learned a long time ago was to ignore most the chatter and look at what people are really doing with their money, rather than what they assert.
In that regard, George Soros, Marc Faber, John Paulson and Jim Rogers, based on their actions and holdings, think gold is an extremely valuable asset to hold during these turbulent economic times.
George Soros is the latest to put his money into gold, specifically via the world's largest gold exchange-traded fund (ETF) - SPDR Gold Trust. Paulson is also known to have large holdings in SPDR as well.
Faber and Jim Rogers have both stated they have significant gold holdings, and while not selling any, are always waiting for gold market corrections to invest more, which I would think they did recently.
So even though some say we're in a gold bubble, even Soros, look at where he placed his money to see if he in fact really believes that. If he did, he wouldn't have took the actions he did.
George Soros, Marc Faber, John Paulson, Jim Rogers
One thing I learned a long time ago was to ignore most the chatter and look at what people are really doing with their money, rather than what they assert.
In that regard, George Soros, Marc Faber, John Paulson and Jim Rogers, based on their actions and holdings, think gold is an extremely valuable asset to hold during these turbulent economic times.
George Soros is the latest to put his money into gold, specifically via the world's largest gold exchange-traded fund (ETF) - SPDR Gold Trust. Paulson is also known to have large holdings in SPDR as well.
Faber and Jim Rogers have both stated they have significant gold holdings, and while not selling any, are always waiting for gold market corrections to invest more, which I would think they did recently.
So even though some say we're in a gold bubble, even Soros, look at where he placed his money to see if he in fact really believes that. If he did, he wouldn't have took the actions he did.
George Soros, Marc Faber, John Paulson, Jim Rogers
Soros, Paulson Large Gold Stakes
George Soros and John Paulson like gold
George Soros and John Paulson revealed in their required 13-F filings that they held significant gold investments in their funds, led by the SPDR Gold Trust (NYSEArca: GLD).
The commitment by Soros Fund Management reveals Soros believes gold will continue to climb in price, as it increased its holdings by 152 percent in SPDR Gold Trust, which brings its total to $663 million. That's the largest holding of the entire fund.
For Paulson & Co., they have a $3.38 billion stake in SPDR, which is over 11 percent of the value of the fund. Paulson has invested a quarter of billion of his own money in the hedge fund.
George Soros and John Paulson like gold
George Soros and John Paulson revealed in their required 13-F filings that they held significant gold investments in their funds, led by the SPDR Gold Trust (NYSEArca: GLD).
The commitment by Soros Fund Management reveals Soros believes gold will continue to climb in price, as it increased its holdings by 152 percent in SPDR Gold Trust, which brings its total to $663 million. That's the largest holding of the entire fund.
For Paulson & Co., they have a $3.38 billion stake in SPDR, which is over 11 percent of the value of the fund. Paulson has invested a quarter of billion of his own money in the hedge fund.
George Soros and John Paulson like gold
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