Soros doubles bet against the S&P 500

|By:, SA News Editor

Warren Buffett's bite into Apple yesterday drove the tech giant's best trading day in two months, as his new 9.8M share investment helped U.S. stock markets break a three-day losing streak.

But George Soros is keeping the bears happy, doubling his wager against the S&P 500 and making a big bet on gold.

The billionaire investor, who has been warning that the 2008 financial crisis could be repeated due to China's economic slowdown, bought 2.1M-share "put" option in SPY during Q1 and added 1.05M shares of GLD .

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