by Michael Snyder
Why is George Soros selling stocks, buying gold and making “a series of big, bearish investments”?
Soros Fund Management LLC, which manages $30 billion for Mr. Soros and his family, sold stocks and bought gold and shares of gold miners, anticipating weakness in various markets. Investors often view gold as a haven during times of turmoil.
Mr. Soros also argues that there remains a good chance the European Union will collapse under the weight of the migration crisis, continuing challenges in Greece and a potential exit by the United Kingdom from the EU.
The economic slowdown in China also has him very worried, and so he has directed his firm to make extremely bearish wagers.
Source: Investment Watch
https://www.investmentwatchblog.com/geo ... ign=oct-14
