John Paulson: Rationale for owning gold is valid

“CNBC’s Carl Quintanilla speaks to John Paulson, founder and president of Paulson & Co., about his firm’s investments, and his level of concern about the Fed’s monetary policy. ‘Although the Fed has printed a lot of money, to date there is little inflation,’ he says in discussing the gold market.”

http://video.cnbc.com/gallery/?video=3000183690

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