Growth stocks with Value Message Board

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Strategies & Market Trends : Growth stocks with Value

CNBX 0.000400

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Oct 31 9:30 AM EST

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From: zx	5/23/2016 3:49:14 PM
	of 3145

Billionaire investor George Soros, who made a fortune betting against the British pound in 1992, on Monday disclosed a big bet on gold during the first quarter and doubled the wager against the S&P 500, according to a regulatory filing. The 85-year-old’s fund disclosed a 2.1-million-share “put” option in an exchange-traded fund that tracks the S&P stock index. Meanwhile, Soros — who has been warning of a repeat of the 2008 financial crisis, this time with China at the center of the storm — bought a 19-million share stake in Barrick Gold Corp., the world’s largest gold producer, along with “call” options in about 1 million shares in a gold-backed ETF set up by the World Gold Council.

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