Tag Archives: precious-metal
Paulson & Co Hedge Fund Files 13G on anglogold Ashanti
Seeking Alpha – While John Paulson’s position in AngloGold Ashanti (AU) is no secret, his hedge fund has just filed a 13G with the SEC with regard to the position. Paulson & Co has disclosed a 12.1% ownership stake in […]
Gold creeps up as investors seek safe haven
The Age – Gold prices climbed on Tuesday, as the yellow metal continued to attract investors hunting a safe haven against the biting economic stormwinds, following a rise of more than 3% last week. Spot gold was trading at $946.70 […]
Hedge Fund Whiz Einhorn Jumps on the Gold Wagon
BusinessWeek – With the price of gold racing higher over the past two months, more investors are coming around to the notion that the precious metal may be the best option to protect against a possible economic catastrophe. Among the […]
Gold Prices Decline After US Funds Banks With $250 Billion
Bloomberg – Gold fell for the fourth straight session after the U.S. agreed to spend $250 billion to rescue ailing banks. Silver climbed. Stocks in Europe and Asia rose for a second day after Treasury Secretary Henry Paulson announced plans […]
Platinum, palladium rise alongside gold
BusinessWeek – Platinum and palladium prices rose Thursday alongside gold prices, though the gains were dampened somewhat by falling oil prices and a stronger dollar. Precious metals are often bought to hedge against a weakening dollar. Platinum futures for October […]
Winners changing quickly, so hedge your bets
Tacoma News Tribune – Changes in winning and losing investments have come so swiftly of late that you might not have realized your favorite approach has backfired lately. International funds – the hot funds of the last few years – […]
