What in the world is George Soros up to now? At the 2010 World Economic Forum in Davos, Switzerland Soros recently made the following statement: "When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold." So is Soros trying to scare people away from gold? The truth is that the price of gold did rise about 40 percent last year. In the current economic environment, there has been a flight to safety as nervous investors have flocked to precious metals such as gold, silver and platinum. But are these bad investments that are overvalued right now? Not at all. The truth is that gold and silver are just about the only things that have held their value over the past 100 years. An ounce of gold could buy you a really nice suit 100 years ago and an ounce of gold can buy you a really nice suit today. But now that it is starting to come out that there could be massive reserves of gold and oil in Haiti, we should expect the ongoing manipulation of the precious metal markets only to intensify. The truth is that the big dogs like Soros want everyone else to get out of gold and silver so that they can swoop in and get more for themselves. (Read More....)
What Is He Up To Now? George Soros Declares That Gold Is Now “The Ultimate Bubble”