Buyers Rush Into Gold During Record April Slump; Some Weren't So Happy
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Soros, Others Dump Gold as Metal No Longer 'Safe Haven'
May 16, 2013 11:49 AM EDTGold is containing lower Thursday as little data has presented itself to alter investor sentiment.
One noted investor getting out with the crowd was George Soros. According to his latest 13F filing, Soros trimmed his holding in the SPDR Gold Trust (NYSE: GLD) by 12 percent to 530,900 shares... More
Hedgies Betting on Lower Gold Prices as Slump Continues (GLD) (IAU)
May 13, 2013 9:36 AM EDTMaybe hedge fund giant John Paulson should start rethinking his strategy a little?
Bloomberg noted Monday that hedge funds are still largely bearish on gold following recent comments from BlackRock (NYSE: BLK) that the firm is still positive the metal. Gold is off to its worst start since 1982,... More
