John Paulson Launching Gold Fund (GLD, GDX)

Paulson & Co's John Paulson is looking to take even a bigger position in gold. John Paulson is set to launch a new fund after the new year focused entirely on gold.

John Paulson will be investing $250 million of his own money into the new fund.

SPDR Gold Trust (ETF) (NYSE: GLD) is trading up slightly today.


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