Soros and Paulson Remain Goldbugs (GLD, NG, AU, IAG, KGC, NG, GOLD)

Soros Fund Management counted 4,721,808 SPDR Gold Trust shares with a date of December 31, 2010.  That is up from 4,697,008 shares in the quarter before.  Some may have been from call options as those were listed in the third quarter but not this quarter.  NovaGold Resources Inc. (NYSE: NG) was another large Soros holding worth for 11,213,000 shares.

Paulson & Co. has his largest bet on the SPDR Gold Trust (NYSE: GLD).  His position was counted as 31.5 million shares and that was unchanged.  This comes to $4.37 billion in the dold trust alone.  Paulson also listed the following gold shares:

AngloGold Ashanti Ltd. (NYSE: AU) as being $2.015 billion for 40,949,437 shares;
IAMGOLD Corp. (NYSE: IAG) worth $48 million for 2,700,000 shares;
Kinross Gold Corporation (NYSE: KGC) worth $369.318 million for 19,478,794 shares;
NovaGold Resources Inc. (NYSE: NG) worth $287.995 million for 20,181,818 shares;
Randgold Resources Ltd. (NASDAQ: GOLD) worth $40.753 million for 495,000 shares.

JON C. OGG