Relevant:
- Paulson & Co Hedge Fund Files 13G on AngloGold Ashanti
- Billionaire Paulson Backs AngloGold Managers as Top Shareholder
- Paulson's AngloGold bet points to inflation hedge
- What's John Paulson Buying Now? Hint... Think Gold
- Hedge Fund Giant John Paulson Buys RIG, BLK, DLM, MDT, WHR, Sells GGP, FDO, HOT, POT, MJN, BYD
2009-03-18 — bloomberg.com
Paulson & Co., the New York-based investment firm run by John Paulson, bought a stake in AngloGold Ashanti Ltd. from Anglo American Plc for $1.28 billion as hedge funds increase their gold holdings.
...
Paulson, 53, manages about $30 billion. His Credit Opportunities Fund soared almost sixfold in 2007 on bets that subprime mortgages would plummet. Last year, his flagship fund returned 37 percent, compared with a loss of 19 percent for hedge funds on average.
One can also see this as shorting the dollar/Treasury securities.
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