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Mr. Paulson notched huge profits in 2007 and 2008 betting against subprime mortgages, and investment gains plus new inflows of cash drove his firm to $36 billion in assets under management. Missed calls since, plus investor redemptions, have shrunk the size of the firm. This year, although the gold fund has suffered, his other funds have been faring better. The Paulson Recovery fund, for example, was up nearly 34% through July, according to a person familiar with the firm, and his merger-arbitrage fund was up 12.9% for the same period; another version of the fund that uses additional leverage was up 26.6%. Related Article: https://groups.diigo.com/group/tana-goldfields-articles/content/tana-goldfields-articles-10-tips-how-to-avoid-gold-investment-scams-10180248

http://www.thisismoney.co.uk/money/investing/article-1666644/How-invest-gold-including-coins-funds-ETCs-bullion.html We explain the best ways to invest in gold through funds, Exchange Traded Commodities (ETCs), bullion and coins. The first pure gold coins were struck by King Croesus of Lydia (present-day Turkey) during his reign between 560BC and 547BC - and gold coins have continued as legal tender ever since. Many years down the line, investors still love gold and the precious metal has proved a valuable winner in recent years. Going for gold: The precious metal has cooled after a spectacular rise, but investors say it is still one for the long-term. Update: Gold's recent run Gold hit record highs in September 2011, yet never went on to crack the $2,000 an ounce mark widely forecast at the time The spot gold price, which is typically measured in US dollars, hit a peak of $1,920 during that month. Some tipped it to soar beyond $2,000, but instead gold slipped and spent most of 2012 stuck in a range, shuttling back and forth between around $1,600 and $1,800. A sell-off since December 2012 has seen gold drop as share prices have climbed. The spot gold price stood at $1,571 or £1,040, at the start of this month. The dramatic falls of the past few days sent it down below £1,000 to £899 on 15 April. At $1,370 gold is down 29 per cent on the peak. However, gold bugs - as the precious metal's fans are called - say that bullion's recent dip has to be put into context. Look at a long-term chart of the gold price and you will see that even having lost almost a fifth from its peak, it is still up substantially in recent years. Gold fans say the metal is marking time and while short-term traders may lose money, the long-term fundamental case for investing, based on gold's historic store of value as nations around the world printing money, still stands up. Enlarge Marking time: While gold is off almost 20 per cent from its 2011 peak, fans says that set again

http://pages.rediff.com/tana-goldfields-plc/1903591 Credit: Reuters/Toby Melville A logo hangs outside a branch of Barclays bank in London July 30, 2013. The bank said on Thursday that Paul Knight and Michael Rawlinson will be co-heads of the team and will join Barclays in the fourth quarter. Knight, who will be based in Toronto, will also be a vice-chairman, Barclays said.

SYDNEY-Australia's gold producers are struggling to deal with the dual blow from rising costs and falling prices, casting a shadow over earnings results that are due next month. The latest production reports from Newcrest Mining Ltd., Australia's largest listed gold miner, and the smaller OZ Minerals Ltd. Thursday pointed to higher costs and tighter margins-underscoring the challenge facing producers after gold's biggest quarterly drop in decades. Gold prices have fallen more than 20% since the start of January amid expectations the U.S. would start to taper its program of monetary easing as its economy stabilizes, putting miners of the precious ... Related Sites: http://tnxmaverick.com/

The liquid funds and debt funds have started giving negative returns over the last couple of weeks after Reserve Bank of India intervened and tightened the liquidity, personal finance expert, Feroze Azeez, Anand Rathi Private Wealth Management said. In an interview to CNBC-TV18, Feroze Azeez, Anand Rathi Private Wealth Management shared his views on how one should approach gold and mutual fund from a long-term investment perspective. Should you invest in fixed maturity plans now? Below is the verbatim transcript of Azeez's interview with CNBC-TV18. Caller Q: I have been investing in mutual funds with the aim of earning decent returns. I have invested about Rs 5 lakh with a two years horizon. However the current scenario is bad and the liquid debt fund is giving negative returns. What should I do now? A: As you pointed out that liquid funds and debt funds have also started giving negative returns over the last couple of weeks after Reserve Bank of India intervened and tightened the liquidity. If you have Rs 5 lakh to invest and the time horizon is about two years then you should stay away from equity, still debt will have some volatility but to my mind liquid fund have given negative returns, not because of inherent nature but there was a change in the method of computation of the net asset value (NAV). I do not think it is going to be a very long phenomena, it is going to be short-lived. Therefore, you should not be too worried as long as your timeframe is two years. However, the question about where your money should get into. I think there is immense amount of opportunity which has emerged on the debt market side and fixed maturity plans (FMP) which was indicating a return of almost about 8-8.5 percent till a couple of weeks back, today can deliver 10 percent or 9.8 percent. So, can almost have a post tax return of about 9 percent, which is as good as, for example like 13 percent fixed deposit (FD) if you are in the highest slab, almost like 11.8-11.7 per

Gold's miserable 2013 has been devastating for gold stocks. This sector, arguably the best performing over the 2000s, has quickly become the pariah of the markets. And no group of gold stocks has seen more carnage than the junior explorers. Descriptive of their name, junior gold explorers are small mining companies that explore for gold. And within this sub-sector is a wide spectrum of exploration stages, from early-stage to advanced-stage. Early-stagers are either in the process of looking for a gold deposit, or are in the beginning stages of delineating one. In some cases they've moved to resource definition, but any inventory estimates are still rough due to their deposits not yet seeing enough drill holes. Resources would be categorized as "in-house" or "inferred" (as measured by NI 43-101 standards), and they're nowhere near reliable enough to build an operating and/or economic model. Advanced-stage junior gold explorers already have gold deposits. And these deposits have seen enough drill holes to give a greater confidence in their depth/breadth and resource estimates. In this stage resources are categorized as measured and/or indicated, and in some cases proven and/or probable reserves.

Mining is still the most important sector in South Africa's economy Most of the 80,000 miners across the sector who started striking earlier this week had already accepted an 8% pay offer and returned to work. But workers at Harmony Gold's mines in the central Free State and Northern Cape provinces were holding out for a better deal. The miners' union had been demanding a 60% rise. Employers had offered 6% - the same as the inflation rate. Harmony Gold said its employees had now accepted the pay settlement, the AFP news agency reported. Some electricity workers have also gone on an unofficial strike, leading to severe power cuts in the biggest city, Johannesburg. An extra generator has been installed near the home of former President Nelson Mandela, who arrived there on Sunday after almost three months in hospital. He remains in a critical condition. RELATED NEWS: http://www.experienceproject.com/stories/Tana-Goldfields-Articles/3379489 http://www.goodreads.com/group/105028-tana-goldfields-united-kingdom/comments/20834715-coconut-butterz