June 12, 2006

Soros - says CASH - preferrably not US Dollars - IS KING

Maria Bartoromo (who needs a to chop her hair by the way) just interviewed Soros.

Yes she is a little late, being beat to the punch by Amanada from Rocketboom of all people, but she had one good question.

WHAT IS THE ONE COUNTRY OR ASSET WORTH OWNING?

He believes CASH.

Yikes for the bulllish speculators.

Do remember that he too is a speculator and is wrong all the time and could be talking his own positions, but he did look rather calm and likely not down the same $1 billion he lost in Russia in 1998.

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