Gold Jumps 10% in August — This Billionaire Gold Bug Is Banking Gains
Gold rallies 10% in August for its best monthly performance since January. Here's a look at the latest moves from famous gold bug, John Paulson.
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International Tower Hill Mines Appoints David Wiens As CEO And Shane Parrow As COO, Effective August 17 And July 27, Respectively
Incoming CEO David Wiens to Invest Through One-Time Private Placement in Connection with appointmentKarl Hanneman to Continue as Strategic Advisor and Director, supporting a seamless leadership transitionNew leadership
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Shares of precious-metals-related companies are trading higher alongside gains in gold and silver prices as Treasury yields and the U.S. dollar decline following the Treasury Department’s announcement that it would double the size of liquidity-support buyback operations for longer-dated bonds.
This Hedge Fund Portfolio Shrinks 17% as Billionaire Bets Big on Gold
Paulson's hedge fund reduced its equity book to $2.58B in Q2, exiting two positions and opening a stake in Alphabet.
Intl Tower Hill Mines Q2 EPS $(0.01), Same YoY
Intl Tower Hill Mines (AMEX:THM) reported quarterly losses of $(0.01) per share. This is unchanged from the same period last year.