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Thursday, November 18, 2010

Billionaires Shifting Into Gold

Today's Talking Points - Hedge fund of George Soros decreased its US stock investments from $8.8 billion to $5.1 billion between March and June 2010. Now its biggest position is in gold - 13% of portfolio. Tough economic numbers: housing starts level down 12.4% to lowest ever recorded and unemployment numbers holding high.

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