John Paulson: Gold Could Hit $4,000

Hedge fund manager and billionaire John Paulson said he sees gold prices moving in a range of $2,400 to $4,000 an ounce, citing double-digit inflation emerging by 2012. Paulson, speaking at New York’s University Club recently, said 80 percent of his assets are held in gold. He added that the coming inflation will result in gold prices being pushed up even more. Paulson also said the inevitable

John Paulson: Gold Could Hit $4,000

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