Gold Price Back to The Actual Price
The increase in gold is a very significant concern as a bubble (bubble) is ready to erupt at any time. Can be corrected so that the gold price back to the actual price.
Employers and most successful former trader for 50 years, George Soros, warned investors not to get caught in this huge bubble. He told investors that the investment gold is now clearly no longer safe.
According to Soros, inflate the price of gold has occurred since last February. At that time the price of gold has touched U.S. $ 1,150 per ounce, and this speculation there will be no end.
“Anyone who commits the transaction of gold since February, he will be a big loss,” he said, the World Economic Forum meeting in Davos, Switzerland, some time ago.
According to Soros, metal prices began is no longer reflects the real value of existing fundamentals. Investors have been buying gold has gone up, hoping to continue to rise. Rising prices have created demand for their own.
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Tags: Davos, February, George Soros, Gold as an investment, Investor, Precious metal, Soros, World Economic Forum