---
title: "Man who called 2008 crash says now is the time to invest in early-stage gold stocks"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293605288.md"
description: "John Paulson, known for predicting the 2008 crash, recommends investing in early-stage gold stocks now. He named NovaGold (NG) his top pick while selling his Donlin stake to them and joining as co-chair. Meanwhile, Barrick Gold reported $6 billion Q2 revenue, up 64% YoY, and GLD has returned 340% since Paulson's 2009 pivot to gold."
datetime: "2026-07-23T11:13:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293605288.md)
  - [en](https://longbridge.com/en/news/293605288.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293605288.md)
---

# Man who called 2008 crash says now is the time to invest in early-stage gold stocks

Quick ReadPaulson called NovaGold (NG) his top gold pick the same day his firm disclosed selling its Donlin stake to the company and his pending co-chairmanship.Barrick (B) posted $6 billion in Q2 revenue, up 64% year over year, while GLD has returned 340% since Paulson first pivoted to gold in 2009.Are you ahead, or behind on retirement? SmartAsse...

### Related Stocks

- [B.US](https://longbridge.com/en/quote/B.US.md)
- [NG.US](https://longbridge.com/en/quote/NG.US.md)
- [UGL.US](https://longbridge.com/en/quote/UGL.US.md)
- [GLD.US](https://longbridge.com/en/quote/GLD.US.md)
- [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md)
- [BU.US](https://longbridge.com/en/quote/BU.US.md)

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- [Novagold Resources to Take Full Control of Donlin Gold in All-Share Deal](https://longbridge.com/en/news/293586503.md)
- [Midland Exploration, Barrick start gold exploration program at Lewis project in Abitibi region](https://longbridge.com/en/news/293608023.md)
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