Friday , 20 October 2017


John Paulson Now Has 44% of His Hedge Fund's Assets in Gold Stocks/ETFs! How Much Do You Have?

 

Closely-followed billionaire hedge fund manager John Paulson, who famously bet against the subprime housing market in 2007,  released his 13F regulatory filing revealing that his hedge fund increased its stake in gold in the second quarter to 44% of his fund’s equity assets. [How much do you have invested in physical gold, gold ETFs, gold mining shares and warrants?]

So conveys Julia La Roche (www.businessinsider.com) in edited excerpts from her latest post*.

Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) has edited the article below for length and clarity – see Editor’s Note at the bottom of the page. This paragraph must be included in any article re-posting to avoid copyright infringement.

La Roche goes on to report that:

Paulson & Co. added more shares in:

  • exchange-traded-fund SPDR Gold Trust in the second quarter, the filing shows, which now account for 28.3% of the fund’s portfolio.
  • NovaGold Resources Inc. and
  • Allied Nevada Gold

Meanwile, Paulson & Co. reduced its position in:

  • AngloGold Ashanti, the fund’s second largest holding which now accounts for 9.4% of the fund’s portfolio and
  • Gold Fields Ltd.

Paulson & Co. holdings remained unchanged in:

  • Iamgold Corp. and
  • Barrick Gold remained unchanged during Q2.
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*http://www.businessinsider.com/paulson-and-co-gold-stake-2012-8#ixzz23cvxyhve  (To access the above article please copy the URL and paste it into your browser.)

Editor’s Note: The above post may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.

Related Articles:

1. von Greyerz: Put More Than 50% of Your Liquid Assets in Physical Gold! Here’s Why

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I have consistently told people for over a decade to put up to 50% of their money into physical gold stored outside of the banking system. I now believe investors should consider putting even more of their liquid assets into physical gold. In my view this is the best way to protect against the risks the financial system faces today, and the chaos that is still in front of us.

2. Don’t Laugh – Invest At Least 65% of Your Portfolio In Precious Metals!

Gold_intro

There is such a “fear of gold” amongst most people that it must be due to statist indoctrination and propaganda because it makes no rational sense to have such a fear of such a time tested and true store of wealth. After all, we are talking about time tested and true money – the only money that has lasted for thousands of years and is still fully accepted worldwide as a store of wealth….What would you rather hold “for eternity” gold [or] US dollars [which are nothing more than] a paper debt obligation of a bankrupt nation state? Words: 450

3. My Rationale For Owning Gold

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Gold is not a solution to investing problems. It is an insurance policy against an inflationary explosion. The higher the probabilities of inflation, the more gold I hold. [Let me explain.]

4. Physical Gold and Gold Stocks Should be in Your Portfolio – Here’s Why

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5. Your Portfolio Isn’t Adequately Diversified Without 7-15% in Precious Metals – Here’s Why

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The traditional view of portfolio management is that three asset classes, stocks, bonds and cash, are sufficient to achieve diversification. This view is, quite simply, wrong because over the past 10 years gold, silver and platinum have singularly outperformed virtually all major widely accepted investment indexes. Precious metals should be considered an independent asset class and an allocation to precious metals, as the most uncorrelated asset group, is essential for proper portfolio diversification. [Let me explain.] Words: 2137

6. Which Gold and Silver Assets (and How Much) Should You Own?

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7. It is Imperative to Invest in Physical Gold and/or Silver NOW – Here’s Why

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Asset allocation is one of the most crucial aspects of building a diversified and sustainable portfolio that not only preserves and grows wealth, but also weathers the twists and turns that ever-changing market conditions can throw at it. However, while the average [financial] advisor or investor spends a great deal of time carefully analyzing and picking the right stocks or sectors, the basic and primary task of asset allocation is often overlooked. [According to research by both Wainwright Economics and Ibbotson Associates and the current Dow:gold ratio, allocating a portion of one’s portfolio to gold and/or silver and/or platinum is imperative to protect and grow one’s financial assets. Let me explain.] Words: 1060

8. Buy Gold to Protect Your Wealth – Not As Speculation! Here’s Why

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9. Gold is Not an Investment – Gold is Money – and Here’s Why

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 10. Which Major Gold Miner Offers Investors the Greatest Bang for Their Buck?

credit-suisse-gold-bars

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11. Check This Information Out Before Investing in Any Senior Mining Companies

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If you are interested in comparing the stats and ratings of companies operating in each of the commodity sectors you will find this analysis of great benefit in determining which company or companies to invest in. Words: 575

12. Contrarian Investors Take Note: Extreme Low of Gold Miners Bullish Percent Index Screams BUY! Here’s Why

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Some of the most rewarding set ups in investing come when extremes have been reached. Currently the Gold Miners Bullish Percent Index has dropped to 7.14% – an extreme reading, one rarely ever seen, and not since the panic drop in March of 2009. Following that signal, GDX rallied for the next 2½ years increasing over 4 times in value. As such, a move up in the Gold Miners Bullish Percent Index from these historically low levels could signal another major move in gold mining stocks….[Let me explain further.] Words: 1078

13. The “80-20 Rule” Suggests Gold Will Reach $8,300/ozt in Spring of 2015!

how-to-value-and-invest-in-gold

The “Pareto principle” – it’s often referred to as the “80-20 rule” – states that 80% of the effects of something come from just 20% of the causes (that is that 80% of people control 20% of the wealth, that 80% of sales come from 20% of your customers, etc.) and a new report by Erste Group, the Austrian investment bank, says this principle can be applied to bull markets as well, including the current bull market in gold, and following this line of thinking, you get an $8,300 price target for gold by the spring of 2015. Words: 285

14. Update: 51 Analysts Now Maintain that Gold is Going to $5,500 – $6,500/ozt. in 2015!Gold_intro

 

 

Lately analyst after analyst (161 at last count) has been climbing on board the golden wagon with prognostications as to what the parabolic peak price for gold will eventually be. That being said, however, only 51 have been bold enough to include the year in which they think their peak price estimate will occur and they are listed below. Take a look at who is projecting what, by when and why. Words: 644

15. Is Gold About to Go Parabolic to $3,495 in June ’13; $10,899 in Sept. ’14 and Top Out at $32,659 on Jan. 16, 2015?

buy-gold

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16. New Analysis Suggests a Parabolic Rise in Price of Gold to $4,380/ozt.

gold-bars4

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17. David Nichols: Expect to See $2,750 – $3,000 Gold By June 2013 – Here’s Why

Gold_intro

The interim peaks in gold have been spaced 21 months apart over the past 6 years and have seen gains from 80.2% to 97.3%. As such, given the fact that the low of this last correction came in at $1,524 four months ago, we can expect gold to reach a new peak price of $2,750 to $3,000 in 17 months time (i.e. June/July 2013). [Let me explain in more detail.] Words: 976

18. Leeb: Gold Going to $3,000 Before the End of 2012!

gold-bullion2

The Fed is [going to] keep interest rates at zero until the end of 2014 [and that] is as aggressive as it gets and as bullish as it gets for gold. Inflation will be let out of the bag, maybe for the next three to four years. In this environment gold and silver are the best investments around…We are really talking about the next leg higher in this bull market…This is the leg I expect to take gold to $3,000 before the end of 2012.

19. Will Gold Peak at $2,500, $8,890 or $15,000?

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21. We Are Certain Gold Producers Will Soar – Here’s Why

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For the past eighteen months, gold stocks have been pummeled…What’s going to move these darn stocks? Will their day ever come? Could our research – gulp – be wrong? Jokes have even started circulating…[such as] a) What’s the difference between a seagull and a gold stock investor? The seagull can still make a deposit on a Mercedes. b) Gold equities may be bad, but I slept like a baby last night. I woke up every hour and cried. Laugh or cry, however, underneath this heap of stock-certificate debris is the contrarian opportunity of a lifetime. That’s a strong statement, I know, but below I present numerous well-researched reasons why I’m convinced gold stocks are one spark away from igniting the portfolios of those with the cash to buy, courage to act, and patience to hold. Words: 2800

22. Gold & Silver Are a Better Buy Today Than They Were in 2000 – Here’s Why

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I maintain that gold and silver are a better buy today than they were in 2000 because the problems are immensely worse, or at least they are recognized as being worse. I really believe people should be adding to their positions in here. Any money you don’t have any use for over the next two years, it ought to be in gold and silver.

23. Sprott: Current HUI Level Spells O-P-P-O-R-T-U-N-I-T-Y

171686-gold-silver-bars

Before we end the year we will hit new highs in both [gold and silver]. Then the mining stocks [will] react. The big problem has been [to date has been that] there is not this momentum in the prices of bullion, which is keeping people away from the gold stocks. If we can get the price of gold and silver going back up, I’m sure people will come back into the mining stocks.

24. Jeff Clark: Are Gold Stocks Still Going to Bring the Anticipated Magic? Yes, Here’s Why

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We’re invested in gold stocks not just to make money, but for the chance to change our lifestyles and with their lackadaisical [dare I say dismal] year-to-date performance, one may begin to wonder if they’re still going to bring the magic. [Here are my views on the subject.] Words: 740

25. John Embry: PM Stocks One of the Greatest Buying Opportunities of ALL Time!

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If we’re not at a bottom [in gold and silver and precious metals stocks], we’re very close to it. The sentiment is dismal and you can see that particularly in the stocks which are almost tragic. I’m shocked quite frankly at the valuations and how low they are. In the fullness of time, this will be seen as one of the great buying opportunities of all-time.

26. Get Positioned: “Gold Rush” Will Cause Gold Stocks to SOAR – Here’s Why

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27. James Turk: Gold Stocks Are Making History – Here’s Why

3-1-Kilo-Gold-Bars-e1270520569176

We’re making history here. Gold stocks have never been this undervalued before. We’ve had a 12 year bull market in gold, but we’ve also had a 15 year bear market in the mining shares…It’s very rare in market history to see an outlier like this. This is an extraordinary event. Years from now we are going to look back and shake our heads in disbelief at how undervalued gold stocks were in 2012.

28. Is it Time to Load Up on Gold Stocks?

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By almost any measure, gold stocks are undervalued but should we load up? Gold mining companies are earning record margins. Stock prices, however, have not responded in similar fashion but when the broader investing community begins to take notice, investors will snap up these highly profitable stocks and push prices higher. The “catch up” in gold stocks could be tremendous but the question, of course, is timing. We don’t know when gold stocks will begin to catch up and the data don’t suggest they must rise right now or that they’ve hit bottom so should we load up just now? Words: 590