by Shaun Connell, Seeking Alpha:
A few weeks back, I wrote an article asking Is George Soros Wrong About Gold? He made waves a couple of years ago by claiming that gold is the “ultimate asset bubble,” only to then invest heavily in gold.
Last year, he made a lot of cuts to his position, easily missing the heavy correction that occurred mid-to-late 2011. But now? He’s getting back in the game.
According to Fox Business, George Soros’ hedge fund just quadrupled it’s holding in SPDR Gold Trust (GLD), and even opened a new position in call options for Newmont Mining (NEM).
