Investors Making A Fortune On The Breathtaking Rise In Gold
Tuesday, July 26, 2011
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"The price of gold could hit $2,400 based only on monetary expansion, and as high as $4,000 per ounce based on a projected overshoot." - Paulson Speaking at NYU
Paulson also has stated that 80% of his assets are denominated in gold.
If gold goes to $4,000, Paulson will be a top contender for the richest man in the world because he has an entire fund dedicated to investing in gold.
BlackRock exec says gold has room to keep rising. - Company interview with Reuters last month
Fink said there is all too much talk of a bubble being created in the stock market, and that the economy is now in a period of stability. - Fink, on why gold is a good investment, told the WSJ last year
BlackRock has one the largest holdings of SPDR Gold Trust.
Invested in: SPDR Gold Trust, iShares Gold Trust
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