Discussion in 'Economics' started by maxitronixy, May 18, 2011.
i remember reading that gerogre soros sold all his gold already, but has paulson or any of the other big boys sold their gold?/
Can you just please learn how to spell "George"? LOL
Here's some advice for many of you -
Forget about what anyone else does in the market as 99% of the time it's not relevant to either you or the market.
Case in point - Gold would be priced at the same price it is today if Soros, Paulson and any other person you wrongly think is relevant didn't exist or never traded the metal. Basically who they are, what they do, and what they intend to do is immaterial to you and the market.
Plus, anyone who believes rumours or hearsay is an idiot. Sure, many big funds have to file reports of what they've done, but did they file a report for what they did yesterday or even last week? Hardly, so the fact that Soros 'sold his Gold' recently means nothing because he may have re-bought it last week and that hasn't been reported yet.
Separate names with a comma.