World Gold Council
Will Gold be Paulson's Next "Greatest Trade Ever"?
When famed hedge-fund manager John Paulson speaks, people listen.
And it's no wonder.
Paulson made his way into the financial history books thanks to what many now call the "greatest trade ever".
Paulson & Co. shorted the subprime mortgage market before the collapse banking a $15 billion gain.
So when Paulson went big again by buying gold in 2009 and 2010, investors took notice.
At the time he said, "As an investor, I became very concerned about...
The "Golden Staircase" Points to Record Prices for Gold
As gold once again breaks the psychologically important barrier of $1,000 an ounce, all the pundits are wondering if it will last. I have to confess that – deep down – this makes me smile. The reason: I know that the real question to ask is "When will gold go on to set new highs?"...