Michael 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. The investor of "The Big Short" fame purchased about 441,000 units of the Sprott Physical Gold Trust last quarter. The trust holds virtually all of its assets in physical gold bullion.

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Persons: Michael Burry, John Paulson, —, Michael Burry isn't Organizations: Service, Scion, Management, Business