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S W
Member since May 2012
668 commentaries - 5 followers

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Billionaire Singer Says Gold Is “Under Owned” and “Only Real Money” - Mark O'Byrne - gold.ie

Lets face it.
The only gold that is not owned is that which has yet to be discovered.
Basically dollars are over owned and over owed!
5-10% allocation to Gold ??...leaving property aside I suggest 85-90% gold allocation.

Commented 3106 days ago

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Beginning of the headline :“In a world where the value of paper money is affirmatively aimed at being degraded by central bank policy, it’s kind of surprising to me that gold can’t catch a bid,” the billionaire and member of Bloomberg Markets 50 Most Influential said at the SOHN Investment Conference in Tel Aviv yesterday. Paul Singer, billionaire and chief executive officer of Elliott Management Corp. (Photographer: Chris Ratcliffe/Bloomberg)As reported by Bloomberg, Singer took aim at monetary policy makers for a stagge... Read More

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