Soros back into the gold miners; Paulson steady

|By:, SA News Editor

After cutting its gold holdings by more than half in Q2, Paulson & Co. held steady in Q3, its 13-F still showing ownership of 10.23M ounces of the Gold SPDR (GLD) as of September 30. The fund had held 21.8M shares at the end of Q1.

Maybe of more interest, Soros Fund Management purchased 1.1M shares of the Gold Miners ETF (GDX) in Q3. Ever the trader, Soros had previously unloaded all of his 2.67M shares during Q2.

Gold ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GLL, DZZ, UGLD, DGL, DGZ, AGOL, GLDI, DGLD, FSG, TBAR, UBG

Gold miner ETFs: GDX, GDXJ, NUGT, DUST, GLDX, GGGG, RING, PSAU, JNUG, JDST