http://dailyreckoning.com/john-paulson-launching-a-gold-fund-with-250m-of-his-personal-fortune/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Wed, 17 Mar 2010 02:36:15 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://dailyreckoning.com/john-paulson-launching-a-gold-fund-with-250m-of-his-personal-fortune/#comment-39645 et2cetera Fri, 20 Nov 2009 01:33:33 +0000 http://dailyreckoning.com/?p=20388#comment-39645 GLD and its kindred SLV strike me as only useful for speculation. What do you really own, the gold or the paper? Its fine if you have spare money to play and trade on the volatility, but if you want safety nothing beats having the physical. GLD and its kindred SLV strike me as only useful for speculation. What do you really own, the gold or the paper? Its fine if you have spare money to play and trade on the volatility, but if you want safety nothing beats having the physical.

]]> http://dailyreckoning.com/john-paulson-launching-a-gold-fund-with-250m-of-his-personal-fortune/#comment-39544 Tom Thu, 19 Nov 2009 18:23:20 +0000 http://dailyreckoning.com/?p=20388#comment-39544 When Paulson realized that the gold backing GLD has either already been sold to cover the short positions of the bullion banks, or consists of tungsten bars with gold plating, he quietly got out and is trying something safer. Heck I don't know, but I do fear these things about GLD. When Paulson realized that the gold backing GLD has either already been sold to cover the short positions of the bullion banks, or consists of tungsten bars with gold plating, he quietly got out and is trying something safer. Heck I don’t know, but I do fear these things about GLD.

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