Gold stocks are quite popular among hedge funds these days, and with good reason. John Paulson , who is very bullish about gold, made $5 billion by betting on gold in 2010. As of December 31, 2011, the largest position in the 13F portfolio of his Paulson & Co was the gold exchange-traded fund (ETF) SPDR Gold Trust GLD +0.52% , in which Paulson had over $2.6 billion invested.
Is gold overpriced relative to other commodities?
Gold stocks are quite popular among hedge funds these days, and with good reason. John Paulson , who is very bullish about gold, made $5 billion by betting on gold in 2010. As of December 31, 2011, the largest position in the 13F portfolio of his Paulson & Co was the gold exchange-traded fund (ETF) SPDR Gold Trust GLD +0.52% , in which Paulson had over $2.6 billion invested.