Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Davos 2010: George Soros warns gold is now the ‘ultimate bubble’

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Edmund Conway
London Telegraph
Friday, January 29th, 2010

Gold is now “the ultimate bubble”, billionaire investor George Soros has declared, sparking fears that prices for the precious metal may soon suffer a tumble.

Mr Soros, arguably the most famous hedge fund manager in history, warned that with interest rates low around the world, policymakers were risking generating new bubbles which could cause crashes in the future. In comments delivered on the fringe of the World Economic Forum, Mr Soros said: “When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.”

Full article here

“When the people find they can vote themselves money, that will herald the end of the republic.”Fall Of The RepublicBuy the DVD here

Davos 2010: George Soros warns gold is now the ultimate bubble  FOTR 340x1692 

This article was posted: Friday, January 29, 2010 at 5:58 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Help Baby Olivia Survive Her First Christmas See the rest on the Alex Jones YouTube channel.

Sexodus: Why Are Young Men Giving Up On Women? See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.