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George Soros’s hedge fund, a firm operated by high-profile investor John Burbank and some other leading firms have been selling gold and silver, after significant buying of the precious metals for the past two years, the Wall Street Journal reported on its website Wednesday, citing people close to the matter.
Originally posted by buni11687
www.marketwatch.com...
George Soros’s hedge fund, a firm operated by high-profile investor John Burbank and some other leading firms have been selling gold and silver, after significant buying of the precious metals for the past two years, the Wall Street Journal reported on its website Wednesday, citing people close to the matter.
Heres another article about this.
www.marketwatch.com...
I just saw this come out on MarketWatch. Throughout my years on ATS, Ive seen plenty of threads about George Soros. What does this mean if hes selling off his gold and silver? Im not really sure.
Anyone thats knows me about Soros, what do you think this means?
The EWI Stable Currency Index, maintained by Elliott Wave International (the world's largest market forecasting company) chooses four international currencies as the most stable:
1. The Swiss Franc
2. The Singapore Dollar
3. The New Zealand Dollar
4. The US Dollar
To make this determination, EWI takes 8 factors into consideration - the liquidity of its banking system, its national savings rate, its central bank's integrity and transparency, the history of its legal system, the extent of its political neutrality, the degree to which it is isolated geographically, its prospects for inflation, and geographical detachment from the other selections.
Note that the EWI index is revised when circumstances require revision and that the currencies mentioned above should only be considered "currently" stable.