up to january, we were being told he wasn’t buying... then we found out otherwise.
now he’s selling? lol
how about he sell his gold, i’ll hang onto it.. and thanks for stopping by
He probably needs the cash to buy more “journalists” and “reporters” and to also start more commie lib websites for the upcoming 2012 “election”.
What currency did he get for his gold?
the gold etf are paper gold. He simply switched from paper to real gold companies
the gold etf are paper gold. He simply switched from paper to real gold companies
Oh, No! He’s selling his ETFs!
The fool probably just realized like a million others that ETFs are not physical and he wants to get his hands on the real thing.
Regardless, I guarantee he has a nice stash of physical somewhere. All the socialist elite do. Especially the banksters who control our fiat money.
And here, ladies and gentlemen, we see yet another example of the modern media’s use of headlines that totally contradict what is actually communicated in an article.
Soros did NOT sell any gold, as stated in the article itself. He actually BOUGHT companies whose profit margin is inexorably tied to the price of gold.
As has been explained, the ETF fund GLD is NOT gold. People who buy shares of this exchange-traded-fund do not get physical possession of real gold. Instead, the fund was created as a pseudo-hedge fund, an investor’s fiction, supposedly tied to the price of gold in some fashion but able to be traded just like any other fund.
Soros just sold something that doesn’t even rise to the level of a silver-certificate dollar, and has some of his cronies in the press (or idiots who shouldn’t be allowed near a typewriter, as the case may be) decided to trumpet to the heavens that the gold bubble has burst.
Double-think and Newspeak at work, folks.
How many gold fillings from dead Jews did he have?
Or did he still have the gold he stole from Jews before they were gassed?
This guy should have a Clusterbomb dropped on his lap.