Gold - World's top money manager starting new gold fund

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World's top money manager starting new gold fund

Thursday, November 19, 2009
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From Newsmax:

Billionaire hedge fund manager John Paulson is launching a new gold fund, which will include $250 million of his own personal investment, the Wall Street Journal reported on Wednesday.

Paulson is among a number of hedge funds managers stocking up on the precious metal, for centuries considered a hedge against inflation, as governments around the world ramp up spending to combat recession.

Read full article...

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Topics:		Gold \| Hedge Funds \| Cruxallaneous

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