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Billionaire fund manager goes "all in" on gold
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Tuesday, May 25, 2010
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From Newsmax:

Unlike most fund managers, who allocate a small percentage of the portfolios they manage to gold, billionaire commodities magnate and Tigris Financial Group head Thomas Kaplan reportedly has gone all in on gold.

"I've reached a point where I feel the only asset I have confidence in is gold," Kaplan says.

Reflecting his conviction that global economic instability could bring rising demand for gold, Kaplan has gone further than perhaps any other major investor, betting...

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More on gold:

Amazing chart shows gold beats stocks and inflation

Gold could be headed higher... much sooner than you think

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Topics: Gold | Hedge_Funds | Commodities
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