Monday 11 January 2016

Investing In Gold And Silver: What Investors say

Thomas Kaplan(Over $2 billion invested in gold)


"People view gold as emotional, but when they demythologize it, when they look at it for what it is and the opportunity it represents, they're going to say, "We really should own some of that.' The question will then change to "Where do we get the gold?"-Thomas Kaplan





John Paulson(More than $4.6 billion invested in gold)
 "I view gold as a currency, not a commodity. It's importance as a currency will continue to increase as the major central banks around the 
 world continue to print money."-John Paulson




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David Einhorn(Over$560Million invested in gold alone)
"Gold is the money of choice and we would like to have a meaningful amount of our assets denominated in gold. It's the biggest position in the fund"... "It's the one kind of money Bernanke can't print more of."-Einhorn




Jim Rogers(Net worth over $300 Million)
 "Gold will be the great investment over the next decade."-Jim Rogers










M.G.George Muthoot(Net worth;$1.1 Billion)
 "If this business was as easy as it sounds, all my branch managers would be setting up their own gold loan companies."-M.G.George Muthhot








Eike Batista(Net worth of $30 Billion)
"There is a massive shifting of wealth to new economic powers.-Eike Batista









George Soros(Net worth of $22 Billion)
"The U.S. dollar is very weak. Investors are moving to real assets.-George Soros








Paul Tudor Jones(Net worth of $3.3 Billion)
"I have never been a gold bug, it is just an asset that, like everything else in life, has its time and place. And that time is now."-Paul Tudor Jones




Marc Stern ($550 Million of Bessemer Trust in Gold)
 "At the core of the sharp downturn is an absence of confidence. Rising debt levels in Europe and the U.S., uncertainty about policymakers' willingness to restore fiscal order, and increasingly cautious corporate sentiment that is consistent with slowing global growth are the chief culprits."-Marc Stern


Michael Avery ($3.3 Billion of Waddel and Reed Fund in Gold)
 "In 5,000 years of human history, gold has been the currency of choice, the store of value, when humans have called into question their governments' efforts to solve problems by running printing presses and injecting money into the economy."-Michael Avery


Eric Mindich (Over $800Million invested in Gold)

"Gold is poised to complete its 11th consecutive annual gain, the longest winning streak in at least nine decades, on the brink of a bear market."-Eric Mindich



 
Mikhail Prokhorov (Over $6 Billion invested in Gold)
"We're looking now at what the world financial system is going to do with all this money that was printed during the financial crisis, if there's continued inflation, we'll see a global trend for raw materials and gold is not an exception. I'm optimistic that the gold price will stay at the same price or higher."--Mikhail Prokhorov

 
Carlos Slim (world's richest man net worth $55 Billion)
"We're looking now at what the world financial system is going to do with all this money that was printed during the financial crisis, if there's continued inflation, we'll see a global trend for raw materials and gold is not an exception. I'm optimistic that the gold price will stay at the same price or higher."--Carlos Slim,World's richest man

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