Billionaire Stanley Drucknemiller Loads Up On Gold, Makes It His Largest Position For First Time Ever

Submitted by Tyler Durden on 08/16/2015 - 17:40

Following Friday's filing by the Duquesne Family Office, we learned that as of the end of Q2, the largest position for Stanley Druckenmiller was none other than gold, following the purchase of 2.9 million shares of the GLD ETF shares. In other words, as of this moment, gold amount to over 20% of Druckenmiller's total holdings.