George Soros And Gold.... - Coin Community Forum

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Author	Replies: 8 / Views: 2,024
basicbob101 Pillar of the Community United States 819 Posts	Posted 05/22/2011 4:13 pm I heard on the radio last week (not sure the commentator or station) that George Soros (Liberal political activitist) has physical ownership of 11 tons (yes tons!) of gold! And Bill Gates is supposed to be the richest guy around (wonder how much he has?)> seems unbeleivable, but may be true, anyone know for sure? Report this Post to the Staff

AlmostCollectible Valued Member United States 384 Posts	Posted 05/22/2011 4:33 pm I think Bill Gates owns part of a silver mining company. Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 05/22/2011 5:48 pm Quote: George Soros (Liberal political activitist) has physical ownership of 11 tons (yes tons!) of gold! Near as I can calculate, that should be about 5% of Soros' net worth. These people are rich in a way you and I simply can't wrap our heads around. Report this Post to the Staff
reupman Pillar of the Community United States 597 Posts	Posted 05/22/2011 5:57 pm SEATTLE: Billionaire George Soros sold most of his physical gold holdings in the first quarter as bullion prices rallied toward a record while hedge-fund manager John Paulson retained his stake in a bet the rally would continue. Report this Post to the Staff
Zarboy Valued Member South Africa 169 Posts	Posted 05/23/2011 03:00 am So 11 Metric tons will equate to 353,658.20 Troy Oz of gold. At todays price roughly around $1,507.90 will calculate to around $533,281,199.7 Wowee, if the gold price changes by $1 /oz the effect is $353,658.29 Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 05/23/2011 05:38 am I think George Soros is nearer to being correct than John Paulson. Report this Post to the Staff
jimineez Valued Member United States 287 Posts	Posted 05/23/2011 11:23 pm Seriously big money, but his political view are scary Report this Post to the Staff
basicbob101 Pillar of the Community United States 819 Posts	Posted 05/25/2011 4:30 pm rich beyond belief! I just wish I could buy (outright) a 1967 GTO in Marina Tourquoise like I had and wish I had never sold. Can't imagine just telling my local coin shop to get me a proof 1895 Morgan and not be concerned at all about the price! Report this Post to the Staff
Rsxtacee Pillar of the Community United States 737 Posts	Posted 05/26/2011 06:10 am Report this Post to the Staff
	Replies: 8 / Views: 2,024

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