Tuesday 16 August 2011

Ultimate asset bubble? Soros Fund to sell off gold


International price of gold moving up in the second quarter set a new record of eleven quarters, the international financial speculators, George Soros and Mindich (Eric Mindich) code selected by the gold, sell off the world's largest index-based SPDR Gold Fund (SPDR Gold Trust), but well-known U.S. hedge fund manager Paulson (John Paulson) did not follow up, maintain the original site, in a number of speculators in the top.
Soros Fund Management Company under the name of the end of June to hold forty-two thousand eight hundred shares of SPDR Gold Fund, the end of March less than six thousand six hundred shares, Mindich's Eton Park management company holdings from two hundred and thirty one hundred and twenty-eight thousand shares was reduced to eight hundred and thirteen thousand thousands.

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