When an investment asset has potential to deliver returns for 100 years, the competition to be the sole owner can be intense. Such is the case with mining rights to the Simandou iron ore deposit in the West African nation of Guinea, where George Soros is involved in one of several lawsuits over the past few years. The dispute is aggressive, with Soros being called out as anti-Israeli in the suit, which dredges up well-worn charges the former hedge fund managers engages in a global conspiracy to manipulate numerous governments. The feud with Israeli mining magnate Beny Steinmetz dates back…
George Soros Accused Of "Puppeteering" Government In New Lawsuit
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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