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Commodities Briefing - Categorized | Bullion/Gold, Market Moves, People more

George Soros did it and gold slid

Posted on 17 May 2013

The kind of leverage that billionaire investor George Soros has on the psyche of investors is beyond comparison. When he buys gold investors too, when he sells gold investors too. Actions of George Soros heralds the fortunes of gold; in other words, gold’s future is wedded to Soros’ investment decisions. At least that is how it is in the present conditions.
Soros Fund Management LLC cut short its holdings in the world’s largest investment fund, the SPDR Gold Trust by 12% to 530,900 shares as of March 31. This when compared to higher amounts in investment in the fund three months earlier………………………………………..Full Article: Source


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VRS - who has written 37015 posts on Opalesque Commodities Briefing.


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