Proposing an Overnight Gold Fund

By Sam Kirtley, www.skoptiontrading.com There is much debate within the precious metals industry regarding the alleged suppression, or at least manipulation to an extent, by either central banks or the proprietary trading divisions of large banks, or a combination of the two. In April the US Commodity Futures Trading Commission CFTC fined Hedge Fund Moore [...]

Midas touch lost? Paulson hits hurdles in gold fund

By Gregory Zuckerman, The Wall Street Journal It took John Paulson months to convince investors that housing would crumble. Now it’s taking him a while to get them excited about gold, his latest passion. When Mr. Paulson’s Paulson & Co. late last year announced it was starting a hedge fund to make a big gold bet, [...]

John Paulson Starting New Gold Fund

David Shvartsman submits: It’s been a big week for the cottage industry of John Paulson-watching. The Paulson & Co. fund manager is set to launch a dedicated gold and gold mining equity-focused fund at the start of next year, in which he’ll invest $250 million of his own money. You may recall that Paulson’s earlier [...]