Paul Singer Joins Icahn, Soros; Warns "It's A Very Dangerous Time To Be In The Market", Buys Gold

We’re very bullish on gold, which is the anti–paper money, of course, and is underowned by investors around the world. And we are very skeptical about markets. We hedge every equity position. We’re not in the mood to be surprised — surprised in the sense of losing large amounts of money — ever, but in particular now with this extraordinary and unprecedented situation where the stability of financial markets is so dependent on confidence in policy makers and central bankers.

Paul Singer Joins Icahn, Soros; Warns "It's A Very Dangerous Time To Be In The Market", Buys Gold