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Re: Paulson Said to Tell Clients He Wouldn't Add More to Gold Fund  

By: keystone in FFFT | Recommend this post (1)
Fri, 22 Nov 13 4:33 AM | 44 view(s)
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Msg. 58144 of 65535
(This msg. is a reply to 58142 by clo)

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Good Evening Clo!

Funny read.

Paulson has lost 63 percent year-to-date in the PFR Gold Fund.

It's a bit of a stretch to expect anybody to take him too seriously.

A sixty three percent loss means Mr. Paulson would be better off learning how to write stop losses and how to hedge a commodity investment.

He bet buy at 1900 an ounce and now he is saying be wary at 1200.

He should have been wary at 1900 and a buyer at 1200.




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The above is a reply to the following message:
Paulson Said to Tell Clients He Wouldn't Add More to Gold Fund
By: clo
in FFFT
Fri, 22 Nov 13 4:25 AM
Msg. 58142 of 65535

Paulson Said to Tell Clients He Wouldn't Add More to Gold Fund

Nov 21, 2013 5:41 PM EST

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