According to his latest 13F Securities and Exchange Commission filing from May 2014, Soros has been building positions in precious metal mining companies.
George Soros, one of the world’s best-known and savviest investor, has been bulking up his holdings of gold and silver stocks.
According to his latest 13F Securities and Exchange Commission filing from May 2014, instead of buying physical gold and silver, Soros has been building positions in precious metal mining companies. That’s likely because some mining firms stand to benefit more than metals themselves when prices rally because of the essential leverage in the business.
Indeed, while gold prices rose 10% and silver prices added 8.6% in 2014’s first half, gold mining stocks performed even better, up 27.5% in the same period.
Source Economic Policy Jurnal
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