Free Republic

George Soros’s hedge fund Soros Fund Management sold its stake in a widely used gold exchange-traded fund in the third quarter, according to a regulatory filing out Monday. The fund reported no stake in the SPDR Gold Trust GLD, +0.58%  in the period ended Sept. 30. That’s after disclosing a position worth $30.4 million in a second-quarter filing. The storied billionaire investor had attracted attention during the second quarter for being generally bearish on world markets — and scooping up safety-play gold.

Billionaire investor sees opportunities to profit from various economic and political issues afflicting the world****************************************Getty Photo************************************ George Soros’s worldview has darkened over the past six months amid escalating economic and political issues in China, Europe and elsewhere. Photo: Eric Piermont/Agence France-Presse/Getty Images *******************************************After a long hiatus, George Soros has returned to trading, lured by opportunities to profit from what he sees as coming economic troubles.Worried about the outlook for the global economy and concerned that large market shifts may be at hand, the billionaire hedge-fund founder and philanthropist recently directed a series of big, bearish investments, according to people close...

Gold George Soros sells his gold George Soros, the hedge fund investor who called gold "the ultimate bubble", has sold almost his entire holding of the precious metal, leading to fears that the price is about to fall.