黄金

Gold feels weight of Paulson curse

When John Paulson’s hedge fund bought almost 100 tonnes of gold in early 2009, the public support from one of the world’s most respected hedge fund managers was a boon for the bullion market.

Now Mr Paulson’s enormous investment seems more like a curse.

It is little secret that Paulson & Co is struggling. Its main fund, Advantage Plus, lost about half its value over the course of 2011.

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