November 8, 2024

Rise To Thrive

Investing guide, latest news & videos!

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

1 min read
‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests  Million in Q1
‘Big Short’ Investor Michael Burry Goes Hard on Gold, Invests  Million in Q1Michael 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 […]