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Two hedge fund billionaires sticking with gold as the only real store of value

Posted on 06 May 2013 with 1 comment from readers

Gold bugs may be having a tough time at the moment but there are still some pretty impressive gold fans among the most successful, self-made hedge fund billionaires.

Gold remains the best store of value in an uncertain global economy, Elliott Management told clients even as the $21.8 billion hedge-fund firm founded by Paul Singer lost money on its bullion position this year. John Paulson is also staying with gold. Su Keenan reports on Bloomberg Television’s ‘Money Moves’…

Posted on 06 May 2013 Categories: Gold & Silver, Hedge Funds, Video Channel

1 Comment posted by readers:

Comment by Andy - 06 May 2013

For those that like Silver and Gold will find this article quite interesting. Warren has been right many times before or he would not be as wealthy as he is today.

http://etfdailynews.com/2013/05/06/apple-inc-aapl-facebook-inc-fb-and-gold-what-are-the-billionaires-buying/

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