ETF Database submits: Despite a relatively solid earnings season, anxiety continues to run high on Wall Street as elevated unemployment and sagging confidence stand as major obstacles to a continued economic recovery. As equity markets trend sideways and potential pitfalls materialize, many investors have moved slowly towards safe havens, preferring to watch from the sidelines until the storm clouds clear.
ByHebba Investments:Based on its most recent 13-F filing (reported 12/31/2011), Soros Fund Management (SFM) has reduced its position in GLD by 50%, from 1,320,400 shares to 600,000 shares in the past quarter.
By Insider Monkey: Several hedge funds are getting a little bearish about gold, but we are still bullish and believe that investors should consider hedging inflation risks by gaining some exposure to gold. Hedge funds follow various strategies to benefit from increase in gold prices.
By Sean Weston:The Soros Fund Management, which famed billionaire investor George Soros founded in the late 60's, and fellow billionaire John Paulson's hedge fund, two of the most watched and emulated funds there are, have been sending some strong signals to the investing world about precious metals recently.
The price of gold has been languishing in a trading range for several months, leaving some investors scratching their heads. But a few high-profile investors have been buying all along — and in some cases, really loading up.
By Insider Monkey: John Paulson is the most successful hedge fund manager of the past four years. He made $4 billion by betting against subprime mortgage investments in 2007 and another $5 billion by betting on gold and the recovery of the economy in 2010 (see Paulson’s entire portfolio here).
There are two main factors in gold’s latest move higher. Today we’ll unveil them both and look at the best way to play it.
The first factor comes to us from the data-log.
If you aren’t familiar with the 13F form, it’s an SEC document that hedge fund managers submit that discloses their financial holdings (buys and sells) on a quarterly basis.
The most recent batch of 13F documents came out last week — and there was a lot of action for gold watchers.
By FAF Research:John Paulson became famous in 2008, when he made billions shorting the real estate market. More recently he has taken well-publicized bullish calls on gold (via GLD). He is one of the most followed hedge fund managers on Wall Street and as such, his picks have a tendency to move the market. With that in mind, I reviewed his portfolio from whalewisdom.com.
By Dividendinvestr:John Paulson is the founder and President of Paulson & Co. Paulson made $4 billion by betting against subprime mortgage investments in 2007 and another $5 billion by betting on gold and the recovery of the economy in 2010. Paulson & Co had 69 securities in its 13F portfolio valued at $13,85 billion at the end of December (see Paulson's entire portfolio here).
By Insider Monkey:
Gold plunged by more than a $100 on Wednesday as speculation that financial markets are stabilizing. That's the biggest drop since early 2008. Just last week, Wells Fargo issued a report that the increased speculation had led the gold market into a bubble that was ready to burst.
Gold bullion dove by 7% in just two days.