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Fuck John Paulson.
who's he gonna sell all that paper gold to after he's finished looting his investors?
Precisely! Die Paulson DIE!!!
Whos John Paulson? Isnt he that guy who did that thing sometime last year?
No you're thinking of ROBERT Paulson.
No, That was the other thing. Im talking about the thing.
You mean Hank. I thought Hank did the thing.
WTF is Robert Paulson?
He is the guy who who did business with that man
You are the goofiest person on zerohedge. And that's saying A LOT.
I was so stupid not to go to Perp school and then Ivy League racketeer training - I had no idea you got a license to steal with those diplomas!
That'd be the funniest typo of the week, if the fuckers ever saw jailtime.
Why would you pay anyone 2% of your investment and 20% of your profits to buy gold for you?
Why would you pay 2 and 20 to buy BAC for you?
@ william the bastard: Because you can?
Do you think his investors care about the 2 and 20 when he made them 30-40% last year alone? I think not. I wish I could put all of my money with him.
That is why he keeps having outflows.
The only thing that increased his AUM was investment returns.
My guess is he'll soon see outflows from his Gold funds too.
@Willy the B:
Because some people are so dumb they can't even read ZH.
But did he steal it fair and sqaure?
Hey Harry, you dumb fuck, look at all the buyers stepping in at the closing bell to prepare for "good news" weekend.
Now he just needs to become secretary of something and PAY ZERO TAXES!
OT but funny- Now Bloomberg is saying gold gets a 'safe haven boost' after bashing it as basically worthless as tin for weeks. The flip flopping and flailing is hillarious!
It really is unbelievable. I completely ignore the MSM's opinion of gold or PM in general. It's like a Jr. High popularity contest, only far worse.
If you actually knew Bloomterd "journalists" like I do, you wouldn't ever read their dreck & pablum again.
i think sometime in the near future if your name is Paulson, its going to be dangerous to walk the streets .....ANYWHERE !
$10om buys you lots of friends...$5b buys lots of enemies, I hoep he has good security guards; he's gonna need them, sooner than later if this shit in Egypt gets outta hand. Can you believe Hillary? Telling everyone in Egypt to stop demonstrating and go home? What a moron...she's more fucking worried about oil prices and our economis than the poor fucks over there...just like our Pols, more worried about making sure the TBTF banks survive than prosecuting some of the perps for criminal behavior. They should all be worried, cause if the shit hits the fan, they're all in the hot seats. I guess its the price you pay if you're a greedy powercraving fuck; when things are good people love you, when its bad they string you up.
hillarys a waco
Can someone explain to me how his "gold share classes" work?
So as an investor I can choose to enter any of his funds and have my securities denominated and returned to me in line with the concurrent appreciation in gold.
But how do you buy and sell fixed income, equities and real estate at an institutional level using gold? Presumably each time you do those transactions you need to purchase USDs and be repaid in USDs. You either hold the gold or you don't.
TD, what am I missing here?
He can thank QE2 for everything.
+1 Do you think he lunches with Benny or Timmeh?
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