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View Full Version : Paulson Steps Up Gold Bet to 44% of Firm's Equity Assets - Bloomberg



NewsWhore
08-15-2012, 05:10 AM
Paulson Steps Up Gold Bet to 44% of Firm's Equity Assets (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH7kv6du8QQnzxS-B06o1ctbSt-cA&url=http://www.bloomberg.com/news/2012-08-15/paulson-steps-up-gold-bet-to-44-of-firm-s-equity-assets.html)
Bloomberg
Paulson, who became a billionaire in 2007 by wagering against the subprime mortgage market, told clients in February that gold is his best long-term bet, serving as protection against currency debasement, rising inflation and a possible breakup of the ...

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