 |
http://www.marketwatch.com/story/soros-sells-gold-silver-investments-report-2011-05-04
SAN FRANCISCO (MarketWatch) — George Soros’s Soros Fund Management, one of the biggest hedge-fund firms in the world, sold much of its gold and silver investments over the past month because there’s less chance of deflation, The Wall Street Journal reported Wednesday.
The move is a sign that precious metals may be losing some of their appeal with top investors after a big rally in recent years.
Soros Fund Management, a $28 billion firm now run by Keith Anderson, bought gold to protect against deflation. It now believes there’s less risk of a sustained drop in consumer prices because the Federal Reserve is still pumping money into the financial system, the Journal reported, citing unidentified people familiar with Anderson’s thinking.
Soros Fund Management isn’t too worried about a surge in inflation because the Fed may signal at the end of 2011 that interest-rate increases are coming — possibly early in 2012, the newspaper said.
Gold prices have fallen in recent days and silver has slumped, after a ferocious rally in the past year and a half.
Alistair Barr is a reporter for MarketWatch in San Francisco.
| จากคุณ |
:
ผ่านแน่นอน 
|
| เขียนเมื่อ |
:
วันฉัตรมงคล 54 00:15:42
|
|
|
|
|
ความลับที่ไม่ลับของเงินดอลล่าร์
