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John Paulson bets on housing recovery, not gold

Cecilia Jamasmie | June 17, 2013 | 7:09 pm Precious Metals Europe Gold 

Billionaire hedge fund manager John Paulson, who amassed his fortune betting against subprime mortgages as the housing bubble burst, has been scoring big gains recently by going long on mortgage insurers, CNBC reports. The past couple of years have been...

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