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But few individuals stand to benefit as much as low-profile billionaire Thomas Kaplan (Tigris Financial). A New York-born commodities magnate who earned a doctorate in British colonial history at Oxford, Mr. Kaplan oversees an empire devoted largely to gold.
Many fund managers and high-rollers have allocated small percentages of their portfolios to gold as a hedge against inflation. But Mr. Kaplan is the bull of bullion. He has gone further than perhaps any other major investor, betting the majority ...
Although I would love to go back to the 80's and buy a couple of hundred shares in Microsoft....
Originally posted by kybertech
Anyways, if you threat gold as currency then it would be in the late innovator stage, hitting the early adopters phase once this "future world currency" is released.
Originally posted by OBE1
Not sure what you mean by "future world currency".
Originally posted by TarzanBeta
I will say this once : as a billionaire, he gains to lose from this investment.
Originally posted by TarzanBeta
Do not follow his example; you will go broke.
Originally posted by TarzanBeta
Then he will regain and more after you've all done it.
Originally posted by TarzanBeta
reply to post by UberL33t
I will say this once : as a billionaire, he gains to lose from this investment.
Do not follow his example; you will go broke.
Then he will regain and more after you've all done it.
Originally posted by TarzanBeta
reply to post by kybertech
Just making sure that people see it.
But of course, I can't reach everyone.
Originally posted by St Udio
being a billionaire, his staff or connections should have informed him of the tax changes that were due in 2010 before hand.
the biggest thing that would concer his holding, then exchanging PM bullion/coins is that every transaction over $600. will need to be detailed on a new beefed-up form 1099
see: money.cnn.com...