Word: digeorgia
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...sector and boost the economy could result in massive deficits and mounting inflation. "People who are buying gold are buying into the argument that the Federal Reserve will not be able to take back all the liquidity it has poured into the market and protect against inflation," says James DiGeorgia, editor of the newsletter Gold and Energy Advisor. (See pictures of modern-day gold prospectors...
...appears to be something of a perfect storm for gold. "We're still in the early stages," says James DiGeorgia, editor of the online newsletter Gold and Energy Advisor. He forecasts gold...
...becomes this obvious it pays to tread lightly. Speculative money--mainly from hedge funds--has been pouring into the metal, and once something goes wrong, it will pour out just as fast. "We're getting a little nervous," concedes Anton Pil at JP Morgan Private Bank. But forecasts like DiGeorgia's are not all that outlandish. We may be in a modest inflationary cycle, and if you adjust for the past 26 years of inflation, gold should be at $2,150 already. Potentially, there is a lot of ground to make...
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