29 May '16, 1am

Gold and Silver – Things you need to know before investing (Part 1): George Soros piled up gold Gold has been one… https://t.co/OoNH6G4nUK

Gold has been one of the best investment assets since the start of the year increasing by more than 20%. Recently, Billionaire investor George Soros cuts US stocks by 37% and buying gold. Soros bought 1.05 million shares in SPDR Gold Trust, which tracks the price of bullion and took a stake in Barrick Gold Corp, which is the world’s biggest producer of gold, amounted to $264 million. Why? What exactly is gold and silver? How are the economic conditions going to affect the prices of gold and silver? Ultimately, you want to know if you should own some of the precious metals and if you are going to make money when you buy gold / silver for investment reason? I shall leave you with diverging views from two experts below. Warren Buffett criticism on gold Quote 1: “Today the world’s gold stock is …

Full article: http://thefinance.sg/2016/05/29/gold-and-silver-things-yo...

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