Gold traders are getting more bullish after billionaire hedge-fund manager John Paulson told investors it’s time to buy the metal as protection against inflation caused by government spending.
Submitted by Financial Adviser on Fri, 01/20/2012 - 00:53
Notice red flags:
"$755 billion in unreserved contingent liabilities"
"Estimated range of possible loss related to non-GSE representations and warranties exposure could be up to $5B over existing accruals at December 31, 2011."
