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By Joe Richter, Bloomberg |
May 20, 2013
Hedge-fund managers are making the biggest ever bet against gold as billionaire George Soros sold holdings last quarter and Goldman Sachs Group Inc. predicted more declines after the longest slump in four years.
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By Debarati Roy, Bloomberg |
May 16, 2013
Billionaire investor George Soros joined Northern Trust Corp. and BlackRock Inc. in cutting holdings of exchange-traded products backed by gold before a bear market in prices last month.
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By Anthony Lazzara |
May 7, 2013
First, the Aussie Central Bank cut interest rates, which has sparked Aussie dollar selling. Second, rumors of legendary trader George Soros taking a big short position in this currency also probably stoked some added selling as well.
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By Nicholas Larkin and Debarati Roy, Bloomberg |
March 12, 2013
Gold’s worst start to a year in a quarter century and the biggest sales by investors on record are increasing concern that bullion’s longest rally since the end of World War I is ending.
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By Debarati Roy and Phoebe Sedgman, Bloomberg |
February 15, 2013
Billionaire investors George Soros and Louis Moore Bacon cut their stakes in exchange-traded products backed by gold last quarter as futures dropped the most in more than eight years. John Paulson maintained his holding.
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By Austin Kiddle |
February 15, 2013
Expectations of faster economic growth in the G20 countries and the aversion of major financial disasters have reduced the safe-haven demand for gold, pushing people to load up on risky assets such as equities.
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By Austin Kiddle |
November 21, 2012
Gold investors are cheered by the report that the gold-backed ETP holdings reached a new record at 2,604.933 metric tons as of Nov. 19.
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By Jon Nadler |
May 4, 2011
Daily metals update including analysis of gold and silver