Billionaire investor Stanley Druckenmiller Bolsters Gold Bet

16 November 2022

At BlueCrest Capital Management, Michael Platt’s investment firm, there was an increase in stocks tied to commodities, with the purchase of more than 1 million of the SPDR Gold Shares, making it the largest disclosed holding. It also raised wagers on Matador Resources Co. and Chord Energy Corp. as part of increased exposure to energy and materials companies.

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