John Paulson gave a speech two days ago at the Chinese Finance Association, where he discussed gold, inflation, the outlook for the economy, and where he is currently is investing.

John Paulson doesn’t think gold is a bubble, why not?

A picture is worth a 1,000 words, right? See below:

(Disclosure: No position in gold)
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H/T to Business Insider

 

John Paulson on Why Gold is Not a Bubble