John Paulson's Gold Fund Got Obliterated In April

ReutersJohn Paulson’s gold fund was down 27% in April, according to Bloomberg.

By the middle of the month, he already lost more than $300 million.  

“Paulson has roughly $9.5 billion invested across his hedge funds, of which about 85 per cent is invested in gold share classes.”

Gold was up as much as $1,600 before declining to as low as $1,323.

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