Everybody is fretting about inflation.
Central bankers say there’s too little, or will be (just you wait). Lesser mortals feel there’s way more than the official numbers let on. And finance professionals think there’s a lot more ahead.
“By the time inflation becomes evident,” reckons John Paulson of the $14 billion Paulson & Co. hedge funds, “gold will probably have moved, which implies that now is the time to build a position.”
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