2010-11-16marketwatch.com

``Soros increased gold positions in third quarter... Soros also owned 5,000,000 shares of the iShares Gold Trust at the end of the third quarter, according to the filing... The firm held no shares of the iShares Gold Trust at the end of June, according to the filing.''

Reports of Soros' exit from the "ultimate bubble" at this time are greatly exaggerated. I expected a "correction" like this to quickly pop up -- but I thought it would be in the form of more mining shares, not simply diversifying into another ETF. Only CNBC could "miss" this.


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