Michael Burry of "The Big Short" fame.Astrid Stawiarz/Getty ImagesMichael Burry of "The Big Short" fame revealed an $8 million wager on gold this week.The renowned investor bought into a trust that owns physical gold bullion.John Paulson, who also called the mid-2000s housing crash, continues to bet big on gold.It turns out Michael Burry isn't only a metalhead when it comes to music.The investor of "The Big Short" fame purchased about 441,000 units of the Sprott Physical Gold Trust last quarter.

BING NEWS:
  • Stocks in play: PyroGenesis Canada Inc.
    Trump Media and Technology Group, the company affiliated with former U.S. president Donald Trump that operates Truth Social, reported $770,500 in revenue for the first quarter of 2024 and a net loss ...
    05/21/2024 - 2:49 am | View Link
  • Huge News for Lucid Stock Investors
    Should you invest $1,000 in Lucid Group right now? Before you buy stock in Lucid Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe ...
    05/19/2024 - 10:59 pm | View Link
  • Should You Consider Selling Bumble (BMBL)?
    In addition, please check out our hedge fund investor letters Q1 2024 page for more investor letters from hedge funds and other leading investors. Suggested Articles: 25 Cities with the Highest ...
    05/19/2024 - 7:15 pm | View Link
  • Michael Burry and John Paulson hit the jackpot when they called the housing crash. Now they're betting on gold.
    Michael Burry bought about $8 million worth of a trust that owns physical gold bullion. John Paulson has been betting big on gold for years.
    05/18/2024 - 10:07 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News