http://news.yahoo.com/blogs/abc-blog...ortBy%3DoldestAccording to Bloomberg News, Paulson & Co. and Soros Fund Management bumped up exposure to SPDR Gold Trust to 21.8 million shares and 884,000 shares, respectively. Paulson & Co. now has 44 percent of its $24 billion fund exposed to bullion.
Right smack dab on the front page of Yahoo. What do you guys think is going on here? Why would they announce something like this if they were trying to make money? Do you guys think they are intentionally trying to drive up the price of gold? I am very uninformed on this issue so any thoughts or opinions would be greatly appreciated.
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