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Monday, November 30, 2009

Hedge Fund Paulson & Co. Amassed More Gold than a Few Countries

John Paulson of Paulson & Co, the legendary hedge fund manager who made tens of billions betting on the mortgage crisis between 2007 to 2009, likes gold.  He really likes it.  He likes gold more than a friend.
To most market participants, this is not news, but here’s something you probably didn’t know:  Paulson owns more gold than several major countries!  Combined!


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