CNBC·4 min read·medium
John Paulson says we are in early stages of a long-term bull market for gold
Y
Yun Li
✦AI Summary
Hedge fund manager John Paulson predicts a long-term bull market for gold, citing a loss of faith in fiat currencies and increased central bank demand. He suggests that investing in early-stage gold mining stocks offers the best leverage for this trend.
John Paulson, the hedge fund manager who made billions betting against the U.S. housing market before turning bullish on gold, said he believes the precious metal is only in the early stages of a long-term rally.
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