US sends $1-billion worth of gold to SA (May 2013)

Source: Mail & Guardian – US sends $1-billion worth of gold to SA

Notable excerpts:

Unusually large shipments recently of gold totalling $1.1-billion from New York to South Africa, one of the biggest producers of gold in the world, has set off rumbles in the business world, but Rand Refinery says it is just business as usual.

Paulson Gold Bet Loses Almost $1 Billion (Apr 2013)

Source: Bloomberg – Paulson Gold Bet Loses Almost $1 Billion

Notable excerpts:

Hedge-fund manager John Paulson’s wager on gold wiped out almost $1 billion of his personal wealth in the past two trading days as the precious metal plummeted 13 percent.