Commodities
Gold Glitters for Investor Paulson
George Soros, author, investor and Chairman of Soros Fund Management, has been long gold since 2008. Soros believes that the global economy won't recover until 2010 and that the dollar could be replaced as the world's currency. As the dollar loses value, gold prices will keep rising as investors look to the precious metal as an alternative asset.
--Written by Alix Steel in New York.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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