Aug 30

Thomas Kaplan, a billionaire investor has been profiled in the latest issue of Business week magazine. He is also the Chairman of Tigris Financial Group

Thomas Kaplan gold forecast

Kaplan says the big rally is still to come. It’s not riots in the streets he envisions, but a more fundamental case of demand outstripping supply as gold becomes a currency in its own right.

Gold Stocks he is holding

Thomas has invested in in Vancouver-based mining company NovaGold Resources. Other investors in this mining operationg include George Soros & John Paulson.

Best Thomas Kaplan quote

“People view gold as emotional, but when they demythologize it, when they look at it for what it is and the opportunity it represents, they’re going to say, ‘We really should own some of that.’ The question will then change to ‘Where do we get the gold?’ “

Source Businessweek Gold Evangelist

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Aug 29

Novagold resources is a Vancouver based mining company. The interesting thing about this mining company is the heavy hitters who have bet their money in it.

According to an article in businessweek. Some of the famous billionaire commodity investors who have invested their money in it are, George Soros, John Paulson and  Thomas Kaplan.

written by Constantine Njeru \\ tags: , , , , , , , , , , , , ,

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