This Billionaire Just Bought 44% More Gold

Billionaire John Paulson-- who made millions betting on a housing crash and a gold boom since the financial crisis-- has released his financial records, and has increased his gold and gold-related holdings by 44%. Paulson bought 4.53 million more shares in SPDR Gold Trust (GLD) and bought more of NovaGold Resources Inc. (NG), while also cutting his positions in AngloGold Ashanti Ltd. (ANG) and Gold Fields Ltd. (GFI).

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