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Bitcoin.com
2024-05-18 00:33:31

‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1

‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1

Michael Burry, an investor famous for making a fortune by anticipating the 2007 subprime mortgage crisis, made a sizable bet on physical gold. According to regulatory filings, Burry’s Scion Asset Management purchased over 440,000 Sprott Physical Gold Trust units, a closed-end fund that invests and holds its assets in physical gold bullion. Big Short’s Investor

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