I don't see how Soros owning or even buying more gold precludes him from believing that it's also a bubble.
No it doesn't. When Soros made his bubble comments, he was describing gold as a bubble which was getting going, not a bubble that was about to top. I.e. HE SAID IT WAS A BUY, NOT A SHORT. http://www.elitetrader.com/vb/showthread.php?s=&postid=2746577&highlight=soros#post2746577 Try to think a little before making dumb comments, it spares yourself embarrassment and saves the rest of us from having to trawl through idiotic bullshit.
Fair point. Apparently buying into a bubble is popular among fund managers. See an earlier thread Jim Rogers: Euro doomed but 'I bought some recently'