Soros bought more gold. Sees Pound devaluation in Future.

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Soros bought more gold. Sees Pound devaluation in Future.

posted on Apr 10, 2010 03:44PM

http://www.bloomberg.com/apps/news?pid=20601087&sid=aoU43SK8lHoI&pos=7

Soros Fund Management LLC manages about $25 billion. The firm increased its investment in SPDR Gold Trust, the world’s largest exchange-traded fund for the metal, by 152 percent in the fourth quarter. Soros told Reuters in an interview in January that he didn’t trade himself.

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