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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

All that glitters is not gold… or silver

Posted on 16 November 2011

George Soros, the fund manager who made over $1bn betting against the pound in 1992, has called gold ”the ultimate bubble”, writes Michael Rankin. Precious metals are seldom out of the news. From updates on the latest price movements to yet another daytime TV advert or internet pop up, offering cash for gold.

Gold and silver have been used as a store of value for thousands of years. Until 1971 the value of the US dollar was linked to gold, whilst in the UK silver coins contained real silver until 1947……………………………………..Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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