Soros Doubles Gold ETF investment

"Billionaire investor George Soros' hedge fund more than doubled its bet on the price of gold during the fourth quarter, a portion of the firm's total U.S.-listed equity holdings of $8.8 billion at the end of 2009." "Soros Fund Management owned 6.2 million shares of SPDR Gold Trust (GLD) -- an exchange-traded fund that owns gold bullion -- at the end of the year worth $663 million. That was up from 2.5 million shares at the end of the third quarter." Link to Reuters article