Billionaire George Soros has made a series of "big, bearish investments" in gold and shares in gold miners after a long break from trading, the Wall Street Journal reports. Soros Fund Management, which oversees $30 billion for Soros and his family, made serious investments in gold, worried about the outlook for the global economy, the article said. The precious metal is known to be a safe haven at a time when risks for investors are escalating. On Thursday, gold was trading at $1,267 per troy ounce. According to the media, Soros is worried about capital flight from China. “China continues to suffer from capital flight and has been depleting its foreign currency reserves while other Asian countries have been accumulating foreign currency. China is facing internal conflict within its political leadership, and over the coming year this will complicate its ability to deal with financial issues,” said the billionaire. Soros is also concerned about the migration crisis, the Greek debt issue and the UK's possible exit causing the EU to collapse. “If Britain leaves, it could unleash a general exodus, and the disintegration of the European Union will become practically unavoidable,” he said. Even I know this man is evil, maybe the most evil person living on Earth in the modern day. With this major move from stocks into gold by Soros, could this move possibly mean a major up move in precious metals is a coming? If you want to know how money moves and when it moves, the best warning I can give you is to follow what the evil rich people do with their money. This to me and to all of the world, should be a tall telling sign that a major market collapse is on its way for all of the world. If the UK votes for Brexit, personally I would inform you to follow all the markets from paper to commodities. Although this man is evil, the people of the world should take this as a direct warning as what's to come.
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