Thursday, October 25, 2012

Top Investor Warns of “Financial Armageddon” as Soros Dumps Bank Stocks, Buys Gold

It's time to protect your way of life when the economy heads south.

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Bruce

"In what analysts say is another indication that the economy will get worse in the not-too-distant future, recent filings by billionaire financier George Soros show he dumped virtually all his holdings in major financial companies like JP Morgan, Goldman Sachs, and Citigroup. His multi-billion-dollar U.S. fund also loaded up on gold, with the portfolio now holding more than $130 million worth of the precious metal."

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