Regulatory filings show that Stanley Druckenmiller bought a fresh 2.8 million share position in the SPDR Gold Shares (GLD) valued at $323,626,000
- With his personal money
- That's his largest single holding
The news is a couple of days old, not fresh.
More here:
- Stanley Druckenmiller's 13-F Shows Big, New Stake in Gold ETF
- Druckenmiller Buys Gold ETF, Boosts Facebook, Dumps Biotech
h/t and thanks to Jerry in the comments at this post ...Weekend gold news - 'China reveals increase in gold holdings'
Jerry asks ... "does he know something we don't?:-)"
I reckon the answer with Druckenmiller is always 'Yes', pretty much regardless of the subject matter. A very clever chap he is.
