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I don't know if this is related directly, but seeing as Soros is in on the largest gold mining company in the world and other gold companies related etf's[0], d
by cinquemb 12y ago
I don't know if this is related directly, but seeing as Soros is in on the largest gold mining company in the world and other gold companies related etf's[0], doesn't that speak somewhat to the type of bet he's making in this landscape?
[0]: http://www.reuters.com/article/2014/05/15/hedgefunds-filings-gold-idUSL1N0O127W20140515 http://www.reuters.com/article/2014/05/15/hedgefunds-filings...
- zacinbusiness 12y agoVery good observation.
- brazzy 12y agoNote that this follows a massive reduction of Soros' gold investments last year: http://www.bloomberg.com/news/2013-05-19/gold-bear-bets-reach-record-as-soros-cuts-holdings-commodities.html http://www.bloomberg.com/news/2013-05-19/gold-bear-bets-reac... Looks like he's simply playing the markets.