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He Bet Against Subprime Mortgages, Now John Paulson Is Bullish On Gold Stocks: 2 Gold Mining High Yielders He Owns

A Wall Street investor, who's his claim to fame was betting against subprime mortgages by using credit default swaps, appears to be bullish on equities in the gold sector.

AEM

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How The FOMC Announcement Affected Precious Metal Prices

Precious metals stocks and precious metals reacted positively to Federal Reserve Chairman Jerome Powell’s announcement that interest rates will by 0.75%. Because this sector is traditionally considered an inflation hedge — although not so much lately — the slightly upward move may be a little surprising. 

GDX

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Barrick Gold Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on Barrick Gold (NYSE:GOLD). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

GOLD