If I read this right, JP Morgan hasn’t got the gold they had on deposit for Venezuela. I can’t say anything good about Hugo Chavez, but when you lay down with fleas… http://www.zerohedge.com/news/chavez-pulls-venezuelas-gold-jp-morgan-great-scramble-physical-starting and http://www.timesunion.com/news/article/Chavez-Venezuela-recalling-11B-in-gold-reserves-2082688.php with the current soaring price of gold, they are going to need a helluva bail out from the White House. Maybe Chavez will settle for uranium. Euro Collapse Could Spark Global Depression, Soros Tells L'Hebdo http://www.moneynews.com/StreetTalk/Soros-Euro-Collapse-Depression/2011/08/18/id/407761?s=al&promo_code=CDC1-1
There is no doubt, that when it comes to analyzing large market conditions, George Soros is a proven expert. This said, it is also true that when Soros speaks, there’s no way to tell if what he’s doing is to manipulate the market in his favor. -- To join RichsRants, send email to: [email protected] For more options, visit this group at http://groups.google.com/group/richsrants?hl=en
