"When I see a bubble first I do is "I buy" because if I am right and the bubble is going to develop , I am going to make money , and If I see a bubble and I see a flaw in the bubble then I am really happy , because then I will so know that I have to sell , most bubbles you do not know that they are bubbles " George Soros
"I lost a lot of money in the IT (Dot com bubble) because I shorted it too soon"
"Markets are unpredictable but it does not mean that you cannot predict them "
"you cannot expect market participants to resist a bubble , you can expect them to join the bubble , and when everybody joined it that's when it comes to an end and that's why you need REGULATORS .....George Soros added
"The worse of the crisis is behind us "
"My theory is the future is unpredictable , therefore I am not going to predict , it depends on how the authorities act and on how the market responds , The future is going to be determined as we go along " George Soros
China is diversifying from the US dollar by stock piling commodities and real assets , the future of the dollar will depend on how the Chinese will act....