World's richest & most successful speculator warns of great inflation

Monday, October 26, 2009

By Porter Stansberry in the S&A Digest:

This is it. This is your last wake-up call... At a recent breakfast, John Paulson, the most successful speculator of the last 20 years, explained exactly how the great inflation will come to pass. Says Paulson: The banks will resume regular lending – thereby releasing all of the excess money supply into the system – within six to 24 months. Two or three years after that, we will see 12% annual inflation.

Paulson is recommending investing in gold. He's already placed more than $4 billion of his firm's assets in the metal…

http://www.thedailycrux.com/content/3205/Gold