Fast Money's Hedge Fund Whale Action In Gold
341 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by barrons3
DESCRIPTION:

Date updated:03-25-2009

Hedge fund whales are making bullish bets on gold and have been for a while – and they’ve been doing it despite the fact that this precious metal has proven itself to be a long-term loser since 1970.

symbol name last price % change open
  • +
  • AU
    Anglogold Ashanti
  • $43.96
  • 0.00%
  • $N/A

Hedge fund manager John Paulson just bought a stake in AngloGold Ashanti (AU), a South African gold miner.

People owning AU also tend to own: ACASAINVARCCBACCELFCXGILD

TheStreet.com Rating: D+ What is this?

  • +
  • KGC
    Kinross Gold Cp
  • $19.14
  • -1.64%
  • $19.19

And, Paulson already holds a $450 million stake in Kinross Gold Corp (KGC).

People owning KGC also tend to own: AIRNAUYEFIIFXIHLSNDKSPN

TheStreet.com Rating: C- What is this?

  • +
  • GLD
    Spdr Gold Shares
  • $112.94
  • +0.57%
  • $111.74

Then there’s David Einhorn – he reported stakes in the SPDR Gold Shares ETF (GLD) and the Mkt. Vector Gold Miners ETF (GDX) last month.

People owning GLD also tend to own: ANVAYEAZOBBYBPZCOHCTRN

TheStreet.com Rating: No Rating What is this?

  • +
  • GDX
    Mkt Vect Gold Mnr
  • $50.82
  • 0.00%
  • $N/A

Then there’s David Einhorn – he reported stakes in the SPDR Gold Shares ETF (GLD) and the Mkt. Vector Gold Miners ETF (GDX) last month.

People owning GDX also tend to own: ATVICCJCELGCRZODSXDVNEMC

TheStreet.com Rating: No Rating What is this?

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

Cramer's Take on Headline Stocks...

Not a Stockpickr member? Join the community today -- for free.Regardless of why a stock is in the news, it never hurts to hear what a professional investor has to say about...

11.20.09 | 11:48 AM
Jim Cramer's Portfolios of the Week

By Roberto Pedone Posted on Nov. 20, 2009 According to Jim Cramer, options expiration is driving the current market selloff. He pointed out that the only stocks that we...

11.20.09 | 08:09 AM
'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 19, 2009 According to CNBC’s “Fast Money” traders, the stock market is showing no signs of stopping its current bull run. Joe Ter...

11.19.09 | 11:13 AM
Squeezing the Shorts: Earnings G...

By Jonas Elmerraji Posted on Nov. 18, 2009 There are plenty of reasons for stocks to have the attention of short-sellers. Waning financials, a deteriorating business mo...

11.18.09 | 12:36 PM
more articles
48 years old, IN debt, college w...
11.21.09 | 07:51 AM From author schmls
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
huge rally in the making?
11.23.09 | 08:09 AM From author tradintrash
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
more forums
today 's lists
Dogs of the Dow

Here are the 10 stocks in the Dow Jones Industrial Average stocks with the highest yields as of the market close on June 2, 2009. more

Analyst Upgrades

Analyst Upgrades or Estimate Increases for Nov. 20, 2009. Read more here. more

Stocks With Unusual Option Activity

Unusually active options can often indicate that a major event in a stock is about to take place, or that unsophisticated investors (using options in lieu of leverage) are ... more