What does George Soros know that the rest of the world doesn't? When news leaked out that he had purchased a $400 million stake in the largest U.S. gold-mining company, investors piled into the market, pushing the price of the precious metal to a 17-month high two weeks ago. Last week gold soared to a two-year high. Was Soros betting on a new era of inflation caused by governments' printing their way out of debt? Was he hedging against some looming financial Armageddon?
Soros the Speculator was not saying, but in a sense it didn't matter. The mere fact that he...
To continue reading:
or
Log-In
