GoldSilver is an online seller of precious metals. The company was launched by the author of “Guide to Investing in Gold and Silver”, Michael Maloney. Maloney continues to head the company, and the website offers a look at his investment ideology. Founded in 2005, the company is headquartered in Santa Monica, California. In addition to […]Read More...
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Follow the “Smart Money” – Billionaires who are investing massively in Gold
Stanley Druckenmiller'The Man with the Midas Touch'(net worth of $4.4 billion)American hedge fund manager, he is the former Chairman and President of Duquesne Capital.
“It's traded for 5,000 years... some regard it as a metal, we regard it as a currency”
David Einhorn'From $900,000 to $11 Billion' (net worth of $1.76 billion)American hedge fund manager, he is the founder and president of Greenlight Capital.
“We believe the increasingly adventurous monetary policy is bullish for gold”
Ray Dalio'Hedge Fund Big Daddy' (net worth of $15.3 billion)American businessman and the founder of the investment firm Bridgewater Associates.
“If you don’t own gold, you know neither history nor economics”
John Paulson'The Philanthropic Paulson' (net worth of $11.4 billion)American hedge fund manager and billionaire who heads Paulson & Co.
“Gold is very volatile in the short term and could as easily go down in the near term as go up. But if you’re invested over a three to five year horizon, I think you’d be much safer in gold as a currency than the dollar”
George Soros'The Man Who Broke the Bank of England' (net worth of $24.9 billion)Hungarian-American business magnate, investor, philanthropist, political activist and author. He is chairman of Soros Fund Management.
“The world is running into something that it doesn’t know how to handle”
Thomas Kaplan'Billionaire King Of Cats' (net worth of $1.03 billion)American entrepreneur, natural resources investor, philanthropist and art collector. He is chairman and CEO of The Electrum Group LLC.
“I've reached a point where I feel the only asset I have confidence in is gold.”
M.G. George Muthoot(net worth of $1.14 billion)Indian entrepreneur and businessman. He is the third generation of his family to be chairman of the Muthoot Group, and the Lay Trustee of the Indian Orthodox Church.
“If this business was as easy as it sounds, all my branch managers would be setting up their own gold loan companies.”
Paul Tudor Jones(net worth of $4.7 billion)American businessman who founded Tudor Investment Corporation, a private asset management company and hedge fund.
“I have never been a gold bug, it is just an asset that, like everything else in life, has its time and place. And that time is now.”
Mikhail Prokhorov(net worth of $8.8 billion)Russian billionaire, politician, and owner of the American basketball team the Brooklyn Nets.
“Money is not the thing that drives me. I like to develop assets to create value. No one cares how rich you are or what your ranking is in Forbes magazine.”
Carlos Slim(net worth of $51.8 billion)Mexican business magnate, investor, and philanthropist. From 2010 to 2013, Slim was ranked as the richest person in the world.
“What is most valuable in life does not cost anything but is very precious.”
Carl Icahn(net worth of $16.7 billion)American business magnate, investor, activist shareholder, and philanthropist.
“The system is not working properly.”