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189 Posts Total by "macrosam":
184 Posts by member
macrosam
(United States)
5 Posts by Anonymous "macrosam":
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macrosam
United States
Posts: 190
14 years ago
Apr 18, 2010 21:39
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
Ed, I have access to a Bloomberg terminal. If you'd like, I can run the correlations and then e-mail you the screen files.
macrosam
United States
Posts: 190
14 years ago
Apr 18, 2010 18:30
In Thread: EUR
I wish I could add to my EUR/USD shorts right this minute, but alas, I must wait another 4.5 hours. I cannot wait!
macrosam
United States
Posts: 190
14 years ago
Apr 18, 2010 16:28
In Thread: USD
Probably not. This will not end quietly.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aE82mhgRJDdI
macrosam
United States
Posts: 190
14 years ago
Apr 17, 2010 22:31
In Thread: Gold & Silver's Dead Cat Bounce
Apparently here are just some of Paulson's holdings (through 31 Dec 2009, no mention of 2010 positions):

NovaGold Resources Inc. (NYSE: NG)

Kinross Gold Corp. (NYSE: KGC).. PAULSON & COMPANY, INC. with 23,550,000.. 3.34%.. $308,740,500.. Dec-31-09

AngloGold Ashanti Ltd. (NYSE: AU).. PAULSON & COMPANY, INC. with 42,849,864.. 11.99%.. $1,721,707,535.. Dec-31-2009

Gold Fields Ltd. (NYSE: GFI) PAULSON & COMPANY, INC. with 23,550,000.. 3.34%.. $308,740,500.. 31-Dec-09
macrosam
United States
Posts: 190
14 years ago
Apr 16, 2010 20:03
In Thread: Gold & Silver's Dead Cat Bounce
I am confident most here know of John Paulson's new gold fund and the apparent buying he has been doing over the past few months of the precious metal. Should John Paulson come under any SEC scrutiny for his role in the Goldman fraud charges, one would have to suspect that his investors would be quick to liquidate their positions in his funds, for example, like his well-marketed and presumably popular gold fund.
macrosam
United States
Posts: 190
14 years ago
Apr 16, 2010 17:09
In Thread: USD
The only thing I would ask is: is the spectre of increased regulation and financial institution scrutiny, public outrage, and politicians taking center stage inflationary or deflationary?

Gold's run up has not been inflation based, it has been inflation expectation based. With no actual velocity or multiplier effect on this money, gold is just another asset to be sold/liquidated when risk aversion calls and there are profits to be had. Gold is still in a secular bull market (I agree with Ashraf) but I believe the drivers of its eventual breakout have yet to occur but are inevitable.
macrosam
United States
Posts: 190
14 years ago
Apr 16, 2010 16:24
In Thread: USD
Say hello to increased regulation for hedge funds and Wall St. This is eerily similar to the Great Depression which ushered in the Securities Acts of 1933 and 1934 in response to fraud.
macrosam
United States
Posts: 190
14 years ago
Apr 16, 2010 16:10
In Thread: USD
John Paulson, not Hank, correctoin
macrosam
United States
Posts: 190
14 years ago
Apr 16, 2010 15:56
In Thread: USD
SEC naming Hank Paulson as one of those involved in structuring CDOs in question.
macrosam
United States
Posts: 190
14 years ago
Apr 16, 2010 15:45
In Thread: USD
SEC charges Goldman Sachs with fraud relating to subprime CDOs
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