While browsing Reuters for any good news pieces and this short article on George Soros titled “Soros says taxpayers right to resent bank bonuses“.  What was interesting is most of the article is about why the public has a right to be outraged about banking getting bonuses while at the same time their institutions received major bailouts and government support.  But here is the comment that was snuck in the bottom of the article from Mr. Soros about the general state of currencies.  He also said that the stock market will continue to rise but the rapid recovery is misplaced, major correction on the way?

There is a general lack of confidence in currencies and a move away from currencies into real assets … There is a push in gold, there’s a strength in oil and that is a flight from currencies.

Analysis: Real things are more wealth than wealth represented by paper.