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(Image from article: "Three steps to avoid a global depression: Soros")

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George Soros Topics

Gold Dips Below $1,600

Gold futures slid to a six-month low as some investors lost confidence in gold's prospects after billionaire George Soros reduced his bullion holdings by half.

Three steps to avoid a global depression: Soros

Policymakers have lost control of the economic crisis and financial markets are forcing the world into a depression, George Soros said on Friday, urging Europe to create a common Treasury, recapitalize its banks and protect vulnerable states.

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