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Paulson is betting big on gold

Posted: Sat Aug 18, 2012 4:59 pm
by Ad Orientem
Billionaire John Paulson raised his stake in an exchange-traded fund tracking the price of gold while selling other stocks during the second quarter, leaving his $21 billion hedge fund with more than 44 percent of its U.S. traded equities tied to bullion.
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http://www.bloomberg.com/news/2012-08-1 ... ssets.html