Commodity Trade Mantra

Posts Tagged ‘Druckenmiller’

Beware! The Billionaires Start Buying Gold as Stagflation Triggers Demand

The billionaires are buying gold. George Soros has just invested in a gold producer, Barrick gold. Soros’ former chief strategist Stan Druckenmiller has stated gold is now his largest currency holding. There is billionaire hedge fund manager Paul Singer who reportedly believes gold is at the beginning of a global rebound. Stagflation is driving positive perceptions of gold.

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