Paulson's bet is not so much a bet on gold as it is a bet against the dollar, or maybe against all fiat currencies. Remember last time he won big it was on the implosion of the federally created housing bubble, this time it is dollar trouble that he is making a killing on. I harbor no ill will for him, but George Soros is a different story, since he likes to actively topple regimes and profit handsomely by it.
John A. Paulson Makes $5 Billion Betting on Gold - www.nytimes.com: www.nytimes.com/2011/01/29/business/29paulson.html...6mSqA
http://chum.ly/n/63e361
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