The gold market can get out of its price downtrend when the Federal Reserve realizes that it can't control inflation, forcing it to pause as the economy slows, said billionaire investor and Paulson & Co founder John Paulson. The precious metal is a hedge against inflation. But the problem for gold has been long-term inflation expectations not changing much as the Fed tightened. "One thing about gold is that it's down this year, more or less 8%. It's down a lot less than stocks or bonds. So it has proven to be a source of protecting wealth," Paulson told Bloomberg in a recent interview. "The issue is gold's a hedge ... (full story)