June 04, 2009
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The privately owned hedge fund sponsor Paulson & Co. added over $3.7 billion in new gold positions during the first quarter of 2009, increasing its total investment to $4.3 billion. About 46% of the equity portfolio is now allocated towards gold and gold stocks.

Not familiar with Paulson & Company, or founder John Paulson? You should be, and here’s why:


•    Paulson’s bet on the subprime mortgage debacle earned $3.7 billion in 2007.

•    The company made an estimated £606 million profit selling short British bank stocks in September 2008.

•    John Paulson ranked #2 on Alpha’s Highest-Earning Hedge Fund Managers of 2008.

•    Two of Paulson & Co.’s funds ranked #1 and #4 on Barron’s Top 100 Hedge Funds 2009 list.


…AND NOW THEY’RE BUYING GOLD!

Kicking yourself for missing gold when it was $600? $800? It’s not too late to join ranks with the world’s most successful money managers. Find out why the top investors are turning to gold and how easy it is for you to join them by clicking here.
 

 


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