Listed below are the biggest of the big. The heavy hitters whose voices are keenly listened to by global investors. These men make profits...
John Paulson
The darling of Wall Street whose managed funds are the most prestigious in the world. Took massive risk leading up into the financial crisis of 2008 by making big bets that subprime housing would rollover. His bets paid off. In 2007 he received according to The Wall Street Journal, a 15 billion dollar windfall in the housing panic. Paulson now manages multiple global hedge funds that are all betting on future inflation/reflation. His single largest fund, totaling billions, is fully invested in gold mining companies and the largest gold exchange traded fund GLD. It matched gold bullion’s rise returning 31% in 2010. It is rumored that the former Chairman of Federal Reserve himself, Alan Greenspan, is counseling Paulson on golds future price movements.
Jim Rogers
Legendary investor who has been hailed by Time Magazine as the “Indiana Jones of Finance”. Puts his money where his mouth is and is brashly outspoken. Has called the policies of the Federal Reserve and Treasury Department as “ones of madness”. Has openly stated that our only fiscal policy solution currently is to print and print our way to prosperity. Roger’s stated on CNBC multiple times in 2010 that agriculture is about to experience 10-15 years of boom-times. Told numerous news anchors that they should trade in their Maserati’s for tractors because they would make more money doing so. When asked in October if he could only buy one thing what would it be? Rogers replied, “I am a buyer of silver and of rice”.
George Soros
Investor whose career is the stuff of myth. In 1992 he single handedly “broke the British Pound” by forcing the government of Great Britian, then one of the largest economies in the world to drop its currency peg, reaping a billion dollar windfall in a matter of days. During the 1970’s when the world was battling stagflation Soros’s hedge fund Quantum returned over 2000% in ten years. In 2009 he doubled his holdings in the largest gold exchange traded fund GLD whose total notional value is now over 5 billion USD. Has called gold the “ulitimate bubble” yet still continues to pile capital into the gold sector as he sees massive returns in the years ahead. Has used his multi-billion net worth to finance socialist organizations and leftist agendas around the world.
....If you wanted inside information on what the biggies are doing..this post should help. Until later, Matt
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