soros dumped most of gold holdings in q1

Soros dumped most of gold holdings in Q1

17 May 2011

Reuters

BOSTON ? Billionaire financier George Soros, who called gold "the ultimate bubble," dumped almost his entire $US800 million ($A756.3 billion) stake in bullion in the first quarter, well before a commodities slump blamed partly on reports he was liquidating his holdings.

Famed gold bull John Paulson held his ground, but Mr Soros was joined in the retreat by several other big names, including Eric Mindich and Paul Touradji, according to 13-F filings with the US Securities and Exchange Commission that provide the best

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