Soros placed a long position in Gold

[ancientree]

from www.gurufocus.com (free membership doesn't include trades in last 6 months):

Apex Silver
Barrick
Newmont
Banro
Anglogold Ashanti
IAMGold
Stillwater

He also sold out of Minefinders in 2007.

http://www.gurufocus.com/holdings.php?GuruName=George+Soros&sort=ind&p=5

Soros also took out a micro position of 17,500 shares in GLD back in 2006.
http://www.gurufocus.com/StockBuy.php?symbol=GLD

Again, the above data doesn't include the last 6 months.

 

[kickboxers]

trading for Soros is 'HOBBY' for him.

why is he wasting time trading commodities.

Quote from ancientree:

This Forbes article on July 17th says "... Soros finally shorted oil at $137 a barrel and put on a long position in gold; he expects to see gold hold its ground even if oil continues to decline..."

http://www.forbes.com/opinions/2008...ed-cx_rl_0717croesus.html?feed=rss_popstories

Anyone know how he is long gold? Futures, equities (and which), GLD, etc...? I'm curious.