{"id":52676,"date":"2016-05-17T10:39:49","date_gmt":"2016-05-17T14:39:49","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=52676"},"modified":"2016-05-17T10:39:49","modified_gmt":"2016-05-17T14:39:49","slug":"billionaire-soros-cuts-u-s-stocks-by-37-buys-gold-miner","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2016\/billionaire-soros-cuts-u-s-stocks-by-37-buys-gold-miner.html","title":{"rendered":"Billionaire Soros Cuts U.S. Stocks by 37%, Buys Gold Miner"},"content":{"rendered":"<p>\n(Bloomberg) Billionaire George Soros cut his firm\u2019s investments in U.S. stocks by more than a third in the first quarter and bought a $264 million stake in the world\u2019s biggest bullion producer Barrick Gold Corp.<\/p>\n<p>The value of Soros Fund Management\u2019s publicly disclosed holdings dropped by 37 percent to $3.5 billion as of the end of the last quarter, according to a government filing Monday. Soros acquired 1.7 percent of Barrick, making it the firm\u2019s biggest U.S.-listed holding. Soros also disclosed owning call options on 1.05 million shares in the SPDR Gold Trust, an exchange-traded fund that tracks the price of gold.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-05-16\/billionaire-soros-cuts-u-s-stocks-by-37-buys-gold-producer\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Billionaire George Soros cut his firm\u2019s investments in U.S. stocks by more than a third in the first quarter and bought a $264 million stake in the world\u2019s biggest bullion producer Barrick Gold Corp. The value of Soros Fund [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-52676","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=52676"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52676\/revisions"}],"predecessor-version":[{"id":52677,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52676\/revisions\/52677"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=52676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=52676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=52676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}