Tag Archive: George Soros
Considered one of the most successful financiers in the world, George Soros had humble beginnings in Budapest, Hungary. He saw some hard times in his youth and emigrated to England when he was 17. After holding jobs in other fields, he obtained entry-level employment with Singer & Friedlander, a London merchant bank. Mr. Soros moved [...]
Some analysts and investors are claiming that the price of gold may have peaked slightly over $1,500. Some are walking their talks too, and are starting to liquidate their investments in gold, particularly over the last couple of weeks. Most notably we have George Soros, a long standing “gold guru,” who sold almost one billion [...]
For those unfamiliar, George Soros is a famous stock investor and currency speculator. Known as “the Man Who Broke the Bank of England,” he reportedly made $1 million during the 1992 currency crises in the UK. Mr. Soros has lately taken to scooping up piles of gold. If someone so successful is making moves to [...]
George Soros, famous for breaking the Bank of England in 1992 by taking a $10 billion short position versus the British pound, has precious metal as his primary holding. Mr. Soros does not take the time to buy gold coins, he moves right to investing almost ten percent of his huge assets in the SPDR [...]