Tuesday, 20 November 2012

#GOLD SOROS & PAULSON HEAR THE WHITE RABBIT!


We've been telling you, and telling you, The Pet Goat.  Time if you want to be DUMBO, time, your portfolio's is going to FLY LIKE AN ELEPHANT .... straight to the BOTTOM OF THE OCEAN OF DEBT.  It's rare you see an implicit admission as clear as the one we've highlighted below.  We suggest you GRAB EVERY PAPER ASSET (which is ANY asset DENOMINATED in ANY PAPER CURRENCY), SOLD IT RIGHT AWAY, and SAVE YOUR ASS BY BUYING METALS FAST:  open a HOKDING FREE OF CHARGE, right now OFFSHORE, OUTSIDE OF THE EU; hold, transfer, sell or BUY or SWAP your metals 24/7/365, in SAFETY and SECURITY, OFFSHORE, with the Best!

CLICK HERE AND OPEN YOUR HOLDIING FREE OF CHARGE RIGHT NOW!

Soros Buying Gold as Record Prices Seen on Stimulus
By Nicholas Larkin and Debarati Roy - Nov 20, 2012 10:20 AM GMT

Gold’s 12-year rally, the longest in at least nine decades, is poised to continue in 2013 as central bank stimulus spurs investors from John Paulson to George Soros to accumulate the highest combined bullion holdings ever.

The metal will rise every quarter next year and average $1,925 an ounce in the final three months, or 11 percent more than now, according to the median of 16 analyst estimates compiled by Bloomberg. Paulson & Co. has a $3.67 billion bet through the SPDR Gold Trust (GLD), the biggest gold-backed exchange- traded product, and Soros Fund Management LLC increased its holdings by 49 percent in the third quarter, U.S. Securities and Exchange Commission filings show.

Central banks from Europe to China are pledging more steps to boost growth, raising concern about inflation and currency devaluation. Investors bought 247.5 metric tons through ETPs this year, exceeding annual U.S. mine output. While both sides said talks Nov. 16 between President Barack Obama and Congress over the so-called fiscal cliff were “constructive,” the Congressional Budget Office has warned the U.S. risks a recession if spending cuts and tax rises aren’t resolved.

“We see gold as a hedge against the follies of politicians,” said Michael Mullaney, who helps manage $9.5 billion of assets as chief investment officer at Fiduciary Trust in Boston. “It’s a good time to garner some protection in portfolios by having some real asset like gold.” ... (continues) ..."

Source:

http://www.bloomberg.com/news/2012-11-20/soros-buying-gold-as-record-prices-seen-on-stimulus-commodities.html



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