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Picassa

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Picassa

Re: None

Thursday, 05/17/2012 9:52:26 PM

Thursday, May 17, 2012 9:52:26 PM

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Despite once calling gold the “ultimate bubble,” George Soros’ hedge fund nearly quadrupled its exposure to the SPDR Gold Trust from 85,450 shares in the fourth-quarter to 319,550 shares in the first-quarter. Soros Fund Management also opened a new position through call options in Newmont Mining (NYSE:NEM), one of the world’s largest gold producers.

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