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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.96

-1.8%

Nov 14 4:00 PM EST

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To: TobagoJack who wrote (161260)	8/13/2020 9:18:48 PM
From: bull_dozer	Read Replies (2) of 217825

Billionaire Ray Dalio's Bridgewater fund poured almost half a billion dollars into gold in Q2 Billionaire investor Ray Dalio's hedge fund poured more than $400 million into gold in the second quarter of this year, as the price rallied towards record highs, luring in high-profile and amateur investors alike. Bridgewater Associates, which Dalio founded in 1975, increased its investment in gold through the world's largest largest exchange-traded funds, (ETFs), according to a 13-F regulatory filing the company made late on Wednesday. Bridgewater raised its holdings in the SPDR Gold Trust from $600.6 million to $914.3 million, making it one of the largest investors in the fund, according to data from Bloomberg. The fund's holding in SPDR is now its second-most valuable. The company increased its holding in the iShares Gold Trust from $176 million to $268.4 million. This investment is now Bridgewater's sixth biggest stake, up from ninth the previous quarter. markets.businessinsider.com

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