Was Soros Right To Dump Gold In The Final Quarter Of 2016?

Discussion in 'Commodities Forum' started by longtermbull, Feb 19, 2017.

  1. longtermbull

    longtermbull Administrator Staff Member

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    Soros Fund Management LLC has effectively dumped gold with regulatory filings this week showing the company sold its last gold share between October and December 2016. While this coincided with the weakest quarterly performance for the gold price in three years, the precious metal did rally at the start of the year. However, since then it has fallen back amid confusion as to whether Donald Trump will do well as US president or will fall flat on his face.

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  2. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I prefer to always keep at least a little gold - I buy a little of it a regular intervals.

    I prefer to use weaker currencies to buy it.
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    Gold is a good hedge against troubled times.
     
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