Soros, Other Major Money Managers Report Positions - CNBC, 2010 November 15
Soros has said several times this year that gold is "the ultimate bubble." "I called gold the ultimate bubble which means it may go higher," Soros explained in September at a Reuters Newsmaker event in New York. "But it's certainly not safe and it's not going to last forever." ... Soros does not typically explain his quarter-to-quarter moves. A spokesman was not immediately available for comment. ..... < snip > < snip > ..... Soros trimmed positions in miners including Barrick Gold , Great Basin Gold and Newmont Mining . He held unchanged large positions in NovaGold Resources and Kinross Gold . However, he call options on 705,000 shares of the SPDR Gold fund .