Influential Gold Investors: The Top 5 Players

Gold is the very foundation of wealth and there are major players within the industry, which is meticulously regulated, and gold bullion dealers trade the precious metal using promissory notes. Of course, there is a finite amount of gold on the planet, and no one knows how much remains undiscovered.

Here are some of the influential gold investors in today’s bullion markets.

John Paulson

This 67-year-old billionaire hedge fund manager heads the successful company Paulson Co, and he is regarded as a stock market wizard. He correctly predicted the house market crash in 2007 and made a $15 billion fortune for his investors from this insight. As you would expect, John is less active in the precious metals market that he used to be, but he does have a level of influence in the gold bullion field.

Stanley Druckenmiller

Like John Paulson, Stanley was a massive hedge fund mogul who dumped all his gold when Donald Trump won the election. He soon moved back into the bullion market and is still a major investor today. If you are an investor that wants to know the gold bullion price Brisbane dealers or anyone in the business give, an online search will take you to a leading gold bullion dealer where you can acquire gold at spot prices.

George Soros

This seasoned trader has been known to hold a lot of gold, when he feels it is in his interests to move wealth from one commodity to another. Indeed, many investors hang on his every word and some conspiracy theorists think Mr. Soros plays for the deep state. He certainly plays an influential role in currency trading, while he often drops off the radar, possibly taking things easy in his old age. Although he was often critical of gold investment, he himself made a huge acquisition in 2017, using ETFs worth more than $120 million dollars.

Janet Yellen

As the Chairwoman of the Federal Reserve, Janet Yellen is undoubtedly one of the largest gold investors on the planet. Some say the Federal Reserve has 8,000 metric tonnes of gold bullion stored in secret vaults. She is also very influential on fiat currencies, especially the US dollar.

International Monetary Fund

The IMF is one of the biggest players in the gold bullion market, which consists of 189 countries that come together to generate loans and monetary practices. Think of the IMF as being a bank for nations. Almost all nations have borrowed money from the organisation, especially developing countries with a poor infrastructure. The IMF does get involved in some countries and set conditions for economic revival, which it feels are important. The organisation enters into contracts with governments, providing capital when required to facilitate economic growth.

The pandemic wreaked havoc with global markets, which saw many investors move their wealth into gold bullion and other precious metals. If you would like to add gold bullion to your investment portfolio, contact a reputable gold bullion dealer and arrange to visit their offices and take physical possession of your gold.