George Soros' Good Timing On Gold Likely Netted $90M

You know what? Gold prices have been rising since July 1999, after hitting the 20-year low of $252.80 an ounce. Today, it stands at $1,783.60, recording over 600 percent growth in the last 13 years. If you’d exited your holdings in Silicon Valley firms (remember the dot com bubble?) and put that money in gold, just imagine where you would have been today! But one shrewd investor named George Soros actually did that (on an annualized basis). Many detractors argue that gold is a worthless investment because it has a price, but no value. Apart from making wedding rings from it, gold is…