Tuesday, February 09, 2010

 
 
 

 
 
 
 
 
Breakdown of the world's best money manager's gold holdings
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Tuesday, June 09, 2009
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From Market Folly:

Interesting graphic courtesy of CaseyResearch that illustrates just how many gold-related entities hedge fund Paulson & Co owns. The yellow bars represent his gold positions while the blue bars are their positions in other equities. In total, Paulson had invested $4.3 billion into gold as of March 31st, 2009.

The graphic is a nice touch on visually illustrating just how much gold exposure they now have. As we've mentioned before, Paulson & Co bought a ton of gold via the exchange traded fund GLD to hedge themselves because they have a fund share class denominated in gold. But, we've postulated before that they are doing more than simply hedging. After all, why else would they also be buying stakes in numerous gold miners?

Read full article (with great chart)...

More on gold & Paulson's holdings of the metal:

Short gold now

If you don't own gold, read this now

A close look at world's top money manager's enormous gold position...

Topics: Guru | Gold | Commodities
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