| From Hardassetsinvestor.com: When you hold—as Soros does—4,721,808 shares of GLD, any slight percentage change in your holdings translates into potentially huge moves for the vehicle. And since GLD, with more than $52 billion in assets under management, dominates the gold ETP scene, what happens in GLD tends to greatly influence the rest of the gold market.
But this is a nonstory. Amid European economic uncertainty and a tightening Chinese economy, Soros decides to hold onto his gold—well, it doesn't take an investing genius to make that call..............................................Full Article: Source
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