Daily Investment Tips

Soros Fund Management’s 13F filing reveals that the money management firm continues to bet on gold, even while calling the metal “the ultimate bubble” for the past year.

At the end of 2010, the fund held $774 million worth of ETFs that owned gold, about the same as the previous quarter’s gold holdings.

In Q3, the fund reduced its position on some gold mining stocks, but Soros held onto its 12.9 million shares of NovaGold Resources in Q4, the same amount owned at the end of the previous quarter.

written by Constantine Njeru \\ tags: 13f, Bet, Etfs, George Soros, Gold Fund, Gold Holdings, Gold Investment, Gold Investments, Gold Mining Stocks, Gold Stocks, Investment Holdings, Investment Management, Money Management Firm, Novagold Resources, Q3, Soros Fund Management

According to the most recent filing of Billionaire hedgde fund manager, John Paulson own investment firm, Paulson & Co. Inc. The following were John Paulson portfolio holding for 2010.

John Paulson Top Five Portfolio holdings

John Paulson Gold Holdings

SPDR Gold Trust

Anglogold Ashanti Ltd.

Mr. Paulson invested heavily in gold on the belief that the dollar would lose value in the coming years. His gold investments are primarily done via a gold exchange-traded fund, SPDR Gold Shares.

John Paulson Stock Portfolio Holdings

Citigroup

Bank of America

Anadarko Petroleum

That bet on bank stocks was perfectly timed to take advantage of the massive fiscal stimulus.

written by Constantine Njeru \\ tags: Anadarko Petroleum, Anglogold Ashanti Ltd, Bank Of America, Bank Stocks, Belief That, Bet, Billionaire, Citigroup, Exchange Traded Fund, Fiscal Stimulus, Gold Exchange Traded Fund, Gold Holdings, Gold Investments, Gold Shares, Gold Stock, Investment Firm, John Paulson, Portfolio Holdings, Spdr, Stock Portfolio

Thomas Kaplan, a billionaire investor has been profiled in the latest issue of Business week magazine. He is also the Chairman of Tigris Financial Group

Thomas Kaplan gold forecast

Kaplan says the big rally is still to come. It’s not riots in the streets he envisions, but a more fundamental case of demand outstripping supply as gold becomes a currency in its own right.

Gold Stocks he is holding

Thomas has invested in in Vancouver-based mining company NovaGold Resources. Other investors in this mining operationg include George Soros & John Paulson.

Best Thomas Kaplan quote

“People view gold as emotional, but when they demythologize it, when they look at it for what it is and the opportunity it represents, they’re going to say, ‘We really should own some of that.’ The question will then change to ‘Where do we get the gold?’ “

Source Businessweek Gold Evangelist

written by Constantine Njeru \\ tags: Amp, Billionaire, Business Week Magazine, Businessweek, Currency, Evangelist, Financial Group, George Soros, Gold Investments, Gold Source, Gold Stocks, Investor, Investors, John Paulson, Mining Company, People, Rally, Riots, Thomas Gold, Thomas Kaplan, Tigris, Vancouver