Every one wins and loses ….no ?
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paulson offers “gold shares” of his fund, also, however. this is long his positions (or long and short them) and also long gold relative to the dollar via swaps or some such, and I believe I’ve read that his own money is completely in “gold shares”.
so if he is down 34% on his stock positions, he’d only be down 5-10% for the “gold shares”
@checklist,
now that is more like it…seems like everyone is interested in reporting his demise.
the whole fund should be gold shares