Two hedge fund billionaires sticking with gold as the only real store of value

Two hedge fund billionaires sticking with gold as the only real store of value

Gold bugs may be struggling at the moment but there are still some impressive gold fans among the most successful hedge fund billionaires. Gold remains the best store of value in an uncertain global economy.

06 May 2013
Arabian Money

Gold bugs may be having a tough time at the moment but there are still some pretty impressive gold fans among the most successful, self-made hedge fund billionaires.

Gold remains the best store of value in an uncertain global economy, Elliott Management told clients even as the $21.8 billion hedge-fund firm founded by Paul Singer lost money on its bullion position this year. John Paulson is also staying with gold. Su Keenan reports on Bloomberg Television’s ‘Money Moves’…

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