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Paulson fund in the red again

China Daily | Updated: 2012-05-07 07:49

Paulson fund in the red again

Employees of AngloGold Ltd, the world's third-biggest gold-mining company, operating an electric rock drill in the company's mine near Klerksdorp, South Africa. Gold-mining stocks in the 64-member S&P/TSX Global Gold Index slumped 7.3 percent in April and 13 percent in the first four months of 2012. Provided to China Daily

Decline in gold mining stocks indicates the metal is not a long-term bet

Paulson fund in the red again

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