- Sun Aug 26, 2012 10:27 am
#402000
Hey MMax,
Why Is George Soros Selling So Much Stock And Buying So Much Gold?
I been thinking about your post a bit this morning and about why anyone with extreem wealth would sell investments to turn it into gold.
One possible explanation could be this...
http://news.yahoo.com/health-care-laws- ... 30388.htmlIf you think about it they are unloading the wealth into a place where the government doesn't make a dime off of that portion of there wealth. There already so filthy rich they would never need to do anything with the gold except let it sit there. It is essentially a tax shelter.
It's not that what you say is wrong, it simply a matter of perspective.
Walter E. Williams, professor of economics at GMU, stated "Government income redistribution programs produce the same result as theft. In fact, that's what a thief does; he redistributes income. The difference between government and thievery is mostly a matter of legality