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Billionaire investor and philanthropist George Soros may be cutting back on his gold bets, but he says the precious metal still has some kick to it, as long as conditions like low interest rates prevail.
"The conditions for (high) gold are pretty perfect," he said during a speech in Toronto Monday evening to accept the Globalist of the Year award from the Canadian International Council.
"The big negative is that too many people know this, and...
More on Soros:
George Soros: Gold is the ultimate asset bubble
George Soros: Germany could cause the euro to collapse
What George Soros really meant when he called gold a "bubble"
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