Photo Credit To afr.com
Soros, Druckenmiller and Rothschild issue economic warnings favoring gold

Soros, Druckenmiller and Rothschild issue economic warnings favoring gold

By Filip Karinja:

Legendary investor and billionaire George Soros is one of the members of the upper echelon moving his investments into gold by acquiring a $264 million stake in bullion producer Barrick Gold.

The former hedge fund manager believes a hard landing in China is inevitable, adding that such a slump would worsen global deflationary pressures.

Fellow billionaire investor Stanley Druckenmiller, is also bullish on gold and sees it as the obvious investment in response to central banks around the world moving interest rates into negative territory, labelling the monetary policy as ‘absurd’.

Member of the most powerful banking dynasty known to man, that largely built its wealth on gold, Lord Jacob Rothschild penned an op-ed Reiterating the message of his billionaire comrades above.

Continue reading here…

Post source : http://www.hangthebankers.com/worlds-wealthiest-people-buying-gold/

About The Author

• Co-Host “Live in Las Vegas w/Dave & Chad” KDWN 720AM 2014 - present • Operations Manager / Sports Director KXNT 100.5FM ’10-’14 • Co-Host “Over/Under” KXNT 100.5FM ‘10-’12 • Producer Las Vegas’ #1 morning show “mark & Mercedes” ‘01-’05 • Imaging director/Assistant Program Director 100.5 Jack FM ‘05-’10 • E.M.A (Best Production / Creative Services Manager) 2006 "One of Chad's great strengths is his sense of humor and translating it on the air. Not only did he have the staff constantly laughing in the hallways, he kept our listeners coming back for more on the air." Vice President of Programming Beasley Broadcasting: Justin Chase

Related posts