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Bull Market Thinking Reports: A breakdown of the 13-F data indicates that during the first quarter, the Soros Fund: 1. Maintained a $32mm stake in individual miners. 2. Added a staggering1.1 million shares of GDX to its holdings, at a reported price of $37.84 per share. Total Soros Fund GDX holdings now stand at 2.666 million shares, at a reported value of over $100,000,000. 3. … Continue reading
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Victor Sperandeo is an experienced and well-respected trader who has previously traded for George Soros. He sees a good chance of hyperinflation developing in America, saying “If you research history there have been 30 occasions of hyper-inflation, all the numbers that take place 100% of the time in the other 30 occasions are here.” Some … Continue reading
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1. Gold blasted out of the ascending triangle I highlighted this morning right before the breakout. 2. GOLD ASCENDING TRIANGLE 3. Gold blasted off leaving a crowd of top callers and gold worriers behind. The target of the triangle is 1320. The worst traders I know are pretty much out of gold. 4. The reality … Continue reading
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The truth is incontrovertible: malice may attack it, ignorance may deride it, but in the end, there it is. Winston S. Churchill Retail sales plunged 1.2% for the month of May, which came as a complete surprise to the herd of cattle on Wall Street’s cattle ranch, which was looking for more gains. We also … Continue reading
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The Gold Report caught up with John Embry, Chief Investment Strategist, Sprott Asset Management, to get his thoughts on gold and some mining stocks he favors. Embry, an industry expert in precious metals, has researched the gold sector for over 30 years. Read about why he thinks gold could gain another 30% this year as a….
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In an editorial penned for the Financial Times, billionaire investing icon George Soros said that while Greece could be salvaged by a makeshift financial-rescue package, bigger problems lie ahead for the euro.
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When Soros said “ultimate bubble” perhaps he meant….
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We’ll give a few reasons as to why he is “ultimately” wrong….
