| Suddenly there’s a real buzz about gold. There’s something about the ancient precious metal that taps deep into human psychology, and it doesn’t take much to get gold bugs flying again. There’s something about George Soros that taps deep into investor psychology as well. This is the man who famously broke the Bank of England in 1992, and holds an estimated $24bn fortune, which always commands attention.
Soros recently bought bullish options contracts on 1.05m shares in the SPDR Gold Trust, that tracks the price of bullion, and took a $264m stake in the Barrick Gold Corp. So why the sudden razzle-dazzle?..............................................Full Article: Source
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