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George Soros And Gold....

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basicbob101's Avatar
United States
819 Posts
 Posted 05/22/2011  4:13 pm Show Profile   Bookmark this topic Add basicbob101 to your friends list Get a Link to this Message Number of Subscribers
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?
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AlmostCollectible's Avatar
United States
384 Posts
 Posted 05/22/2011  4:33 pm  Show Profile   Bookmark this reply Add AlmostCollectible to your friends list Get a Link to this Reply
I think Bill Gates owns part of a silver mining company.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 05/22/2011  5:48 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

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.
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reupman's Avatar
United States
597 Posts
 Posted 05/22/2011  5:57 pm  Show Profile   Bookmark this reply Add reupman to your friends list Get a Link to this Reply
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.
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Zarboy's Avatar
South Africa
169 Posts
 Posted 05/23/2011  03:00 am  Show Profile   Bookmark this reply Add Zarboy to your friends list Get a Link to this Reply
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
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sel_69l's Avatar
Australia
21788 Posts
 Posted 05/23/2011  05:38 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I think George Soros is nearer to being correct than John Paulson.
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jimineez's Avatar
United States
287 Posts
 Posted 05/23/2011  11:23 pm  Show Profile   Bookmark this reply Add jimineez to your friends list Get a Link to this Reply
Seriously big money, but his political view are scary
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basicbob101's Avatar
United States
819 Posts
 Posted 05/25/2011  4:30 pm  Show Profile   Bookmark this reply Add basicbob101 to your friends list Get a Link to this Reply
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!
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Rsxtacee's Avatar
United States
737 Posts
 Posted 05/26/2011  06:10 am  Show Profile   Bookmark this reply Add Rsxtacee to your friends list Get a Link to this Reply
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