John Paulson Loses Over $300 Million On Friday’s Gold Tumble
There were many casualties following Friday’s 4% gold rout, but none were hurt more than one-time hedge fund idol John Paulson, who according to estimates, lost more than $300 million of his own money...
View ArticleAll Abe-Inspired “Gold-In-JPY” Buyers Now Underwater
Japan is opening ugly – the commodity rout continues with rubber, gold ($1325), and copper all down hard and stocks also being hit as liquidations continue. JGBs are modestly bid 1-2bps (though...
View ArticleMajor Insider: Time to Buy Gold; The Chinese Want to Make the Yuan Gold Backed
Philippa Malmgren is an insider’s insider. She was Special Assistant to the President for Economic Policy on the National Economic Council. She was also a member of the President’s Working Group on...
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