Billionaire John Paulson says gold bull market still in early stages - KITCO

Billionaire John Paulson says gold bull market still in early stages - KITCO

Source: KITCO

DW NOTE

Paulson made his name shorting housing at the precise inflection point. Gold at $4,096 is down 23% from January and he's calling it early innings — that's either conviction or bagholding dressed up as analysis. The deficit is running $1.4 trillion through nine months and the Fed is locked into holding rates because pipeline inflation hit 5.51%. If that's early stages, we're pricing in capitulation, not optimism.

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