What John Paulson is buying now
Paulson has been betting on a global economic recovery, and has purchased gold to guard against inflation — despite some concerns that the price of the precious metal has peaked. Paulson kept his $4.41 billion holding of shares in the SPDR Gold Trust unchanged and added to stakes in mining companies. His fund bought 97,540 ADRs in AngloGold Ashanti Ltd, South Africa's biggest gold producer last quarter, as well as 2 million ADRs in Gold Fields Ltd., its second-largest producer.
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