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Why are billionaires buying up gold?

Posted on 22 November 2012

When billionaire investors are buying gold, it probably means prices for the yellow metal are headed higher. Three well-known billionaire investors – George Soros, John Paulsen and Julian Robertson – have been adding heavily to their gold holdings this year.
Gold buying by some of the world’s most successful investors is a strong argument that gold prices, despite their impressive rise over the past several years, still have a long way to go………………………………………..Full Article: Source


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VRS - who has written 38958 posts on Opalesque Commodities Briefing.


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