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John Paulson says inflation will shoot much higher, and he's positioning with energy and gold bets

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Hedge-fund manager John Paulson
David A. Grogan | CNBC

John Paulson, who made billions of dollars betting against subprime mortgages in 2008, believes inflation could shoot a lot higher than consensus expectations, and he's playing the trend of higher prices with a number of gold and energy stocks.

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