John Paulson Loses $1 Billion On The Gold Crash en-us Wed, 31 Dec 1969 19:00:00 -0500 Sun, 28 Dec 2014 22:37:09 -0500 Louise Armitstead 4thaugust1932 Fri, 19 Apr 2013 02:38:09 -0400 Paulson should have invested that $1 billion in <a href="" target="_blank" rel="nofollow" ></a> ab Wed, 17 Apr 2013 09:32:56 -0400 Its beyond me why anyone would invest in his funds when he is taking the majority of returns. NASTrading Wed, 17 Apr 2013 09:09:44 -0400 Gold and hard assets are not always the best way to hedge against inflation risk. For my take on Warren Buffett's approach to profiting from inflation, search the exact term: - warren buffett inflation nas - using google. My article should be at the top of the list. Regardless, gold as a speculation is no different than any other speculation - This does not change the benefits of owning gold as a hedge. Average Joe Wed, 17 Apr 2013 08:45:53 -0400 @scottindallas, so let's look at the simple economics. What's gonna happen when QE is stopped? interest rate will rise, right? and what gonna happen to a country with ~17Tn debt ~1.2 Tn yearly deficit if rate go high? look at Greece or Cyprus for an answer. Bottom line? QE will never end Doug in Virginia Wed, 17 Apr 2013 07:43:55 -0400 There's a lot of future left, to be sure. But you can't count on the price of gold going up relative to the dollar in, say, the next ten years. it's up a lot in the last ten years, and a return to normal patterns would involve continued movement down. Gold's average price was $615 in 1980, and that average didn't hit $600 again for 26 years. That's not much on a 10,000 year timescale, but it's a major part of most people's investment horizon. I'm pretty sure that of the two of us, I'm not the one sounding stupid right now scottindallas Wed, 17 Apr 2013 07:43:36 -0400 where do we have supply shortages? It's shortages that lead to inflation, not "money printing" Further, that money printing will end. Mr Paulson knew to avoid the real estate bubble, but was too stupid to realize that Gold and other commodities are and have been in a bubble for a while. There are no shortages on oil either. The West is down 3mbd while Asia's demand has only risen 2mbd. Everywhere we have excess capacity, inflation doesn't appear under those circumstances. Further, when the fed stops QE, do you think Gold will rise? You don't understand simple economics. scottindallas Wed, 17 Apr 2013 07:38:41 -0400 not when you're invested in gold, you loose if the price stays stagnant, you lose if the price drops. There are 3 things that can happen with gold, two are bad. Gold pays no dividend, so gold being flat, when dividend paying equities are available is definitely a loss pontius Wed, 17 Apr 2013 07:38:20 -0400 Might?!? So after 10,000 years of trade, gold was finally killed by the federal reserve note, a currency its planners and controllers admit is temporary, two days ago. Do you know how stupid you sound? Or are you betting some world govt will ultimately confiscate all of it and ban it for eternity? Are you gloating over everybody, including you, being stuck in evaporaring fiat that even it's controllers admit is inherently unstable and temporary an unable to accumulate any lasting wealth? You're talking about nothing less than the enslavement of humanity. Again: do you know how stupid you sound? scottindallas Wed, 17 Apr 2013 07:35:08 -0400 Mr Paulson isn't smart enough to know that Gold is no hedge against deflation? Deflation is the end game of the easy money policies. Deflation is what you get with excess capacity. Deflation is what you get when commodities are bid over and way beyond all fundamentals, and supply and demand. Gold pays no dividend, and has less intrinsic value than corn or any other food, or just about any other metal. mike77 Wed, 17 Apr 2013 07:31:21 -0400 Im sure his average price is higher than 950 and take out 2 and 20 for the years he made money ( or more, who knows) and I would bet that all his investors are under water. tjn Wed, 17 Apr 2013 07:31:05 -0400 Surprise, surprise. a hedge fund that didn't hedge their investments. Why would anyone invest in these funds now is beyond. The money made in hedge funds was 20 years ago before everyone has on and before they let retail investors in. A good reason, Oh, I forgot, the 2%, 20%. pontius Wed, 17 Apr 2013 07:29:37 -0400 When gold bounces back the statists will turn violent, claiming gold buyers are sabotaging the economy and guilty of treason. The Fed isn't even part of the govt or integral to the republic. When they start using that language, I wouldn't wait for them to make the first move. snafubar Wed, 17 Apr 2013 07:29:03 -0400 Exactly. I didn't read anywhere that he sold anything. Therefore, he hasn't lost anything. Gold could rebound tomorrow, the dollar could (and eventually will) drop like a rock. Then we'll see who "lost". Mr. Dickman Wed, 17 Apr 2013 07:17:56 -0400 Breast cancer is an absolutely vicious disease. I friend of mine died from it recently, she left behind a husband and four small children. Interestingly, with all these "pink" corporate fund raisers, you would think money would be available for people like your friend. When in reality, most of these corporate fund raisers are just scams to get you to buy product. So now we have to throw a charity dinner to help cover the cost of treatment. <a href="" target="_blank" rel="nofollow" ></a> alan2 Wed, 17 Apr 2013 07:09:52 -0400 everyone can say what ever they want . at the end of the day he will still be a billionaire . thats B FOR BILLIONAIRE FOLKS !!! Fredisnothere Wed, 17 Apr 2013 07:02:48 -0400 Exactly what I was thinking too. He got lucky with that Goldman inside information on CD market. Apart from that winning trade, has he made money on any other sector/trade?? Can't wait till $GOLD keeps dropping for the next few years. I suspect we'll be reading about Paulson's fund blowing up then. The bigger they are, were, the harder they fall. Compulsive Gambler Loses $1 Billion On The Gold Crash Wed, 17 Apr 2013 06:23:57 -0400 While we just had an all-day, low-donation charity benefit for a local woman who cannot afford her advanced breast cancer treatment. ppip Wed, 17 Apr 2013 06:07:36 -0400 HIS money or someone else's? Amber Jones Wed, 17 Apr 2013 06:00:59 -0400 That is how illusion works Sold FB at 42 Wed, 17 Apr 2013 05:49:45 -0400 How he still has a fund is beyond me. He's like the Florida Marlins who won the World Series luckily years ago and now are the worst team in baseball and totally unwatchable. He's gotten one trade right in his entire life. Doug in Virginia Wed, 17 Apr 2013 05:49:19 -0400 You keep thinking that. Your assets are only worth what someone will pay you for them. Today. They might go up in the future. Or not. Duane Fauntleroy Wed, 17 Apr 2013 05:30:39 -0400 you don't lose until you sell Amber Jones Wed, 17 Apr 2013 05:25:56 -0400 Paulson money are mostly in gold mine companies which performance are even worse than the gold itself.