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It looks like Paulson’s gold obsession is paying off.<\/p>\n
John Paulson has been betting big on gold for a few weeks now, and he is launching a new gold only fund in January<\/a>.<\/p>\n According to Bloomberg, the hedge fund manager of Paulson and Co might have made $45 million in 5 weeks – off of just one of the gold investments in his portfolio.<\/p>\n Bloomberg reports<\/a>: “Paulson & Co., based in New York, held 10.3 million shares of Toronto-based Detour as of Oct. 31, according to a Nov. 10 regulatory filing. The stock has gained 34 percent since Oct. 31 to C$17.85 a share at 11:09 a.m. in Toronto Stock Exchange trading.”<\/p>\n Paulson’s other gold holdings include shares in Kinross Gold Corp. and Gold Fields Ltd, and he’s also the largest shareholder of AngloGold Ashanti Ltd.<\/p>\n Read the full story on Bloomberg >><\/a><\/p>\n Join the conversation about this story »<\/a><\/p>\n See Also:<\/b><\/p>\n It looks like Paulson’s gold obsession is paying off. John Paulson has been betting big on gold for a few weeks now, and he is launching a new gold only fund in January. According to Bloomberg, the hedge fund manager of Paulson and Co might have made $45 million in 5 weeks – off of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-61495","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/61495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=61495"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/61495\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=61495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=61495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=61495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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