Paulson Piles into Gold

It’s apparent from the SEC filings of John Paulson, the billionaire hedge fund manager, that he is betting big on inflation to show its ugly head going forward.  Paulson’s latest 13-F filing shows large positions in Anglogold,Kinross gold, Gold Fields, market vectors gold ETF and the S&P gold ETF.   Just as interesting is the news that he is raising $100m for a  “real estate recovery” fund.