Why George Soros is making big bets on Gold?

Why George Soros is making big bets on Gold?

Gold Silver Reports — This week George Soros once again came out with his very large directional “bets” for the S&P 500 and for gold and, needless to say, Mr. Soros is once again shorting the S&P and buying gold and gold miners, joining Ray Dalio, Stanley Druckenmiller and Michael Ballanger (just-kidding) in a decidedly unpopular stance. Carl Icahn came out in agreement during a CNBC interview this week that left the interviewer near-speechless and groveling in the mud of anti-Wall Street rhetoric.

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Gold Analysis Reports By Neal Bhai

Gold Analysis Reports By Neal Bhai — Gold price didn’t show any strong move since morning, to keep fluctuating near 1285.00 level, noticing that stochastic gets rid of its negativity clearly and reaches the oversold levels thresholds, to provide positive motive that we wait to support the chances for bouncing higher in the upcoming period.

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Silver Outperform Gold Again as Trader Demand

Silver Outperform Gold Again as Trader Demand

Gold Silver Reports — An ounce of gold bought as little as 73.1 ounces of silver on Friday, the smallest ratio in almost a month. Holdings in exchange-traded funds backed by silver are nearing an all-time high. This month, spot silver is up about 8.2 percent, compared with gold’s 4.9 percent increase.

After trailing gold last month, silver is outshining the yellow metal again.

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Gold Slip While Silver Weekly Jump

Gold Silver Reports — Gold retreated from a 3-week high as the dollar strengthened after an employment report eased concern that the U.S. labor market was slowing. Silver headed for the biggest weekly advance since April as holdings in exchange-traded funds edged nearer to a record. 

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Gold Broke Below $1200 An Ounce

Gold Broke Below $1200 An Ounce

Gold Silver Reports — Gold’s on the ropes. Bullion broke below $1,200 an ounce on Monday after losing more than $100 in less than a month as Federal Reserve policy makers land punch after punch by talking up the prospects for a U.S. interest rate rise, reinvigorating the dollar.

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