Man Who Called 2008 Crash Says Now Is the Time to “Invest in Early-Stage Gold Stocks”

John Paulson told CNBC that gold’s multi-year rally has further upside and that mining equities are the best way to capture it. The commentary is bullish but does not cite specific price targets or earnings/macro catalysts, so the likely impact is limited to investor positioning rather than broad market repricing.

Analysis

John Paulson told CNBC that gold’s multi-year rally has further upside and that mining equities are the best way to capture it. The commentary is bullish but does not cite specific price targets or earnings/macro catalysts, so the likely impact is limited to investor positioning rather than broad market repricing.