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.