Wednesday, August 15, 2012

Golden Aspirations

Pretty interesting read over at Zero Hedge.  Per filings, during Q2, Soros' firm more than doubled its position in GLD.  Similarly, Paulson's fund added about 25% more exposure to its GLD holdings, bringing total gold exposure for the fund to about 44% (of $21 billion).  Both pretty hefty increases.  Both smart money.  Both betting on higher gold prices.
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