One way to hedge against inflation is to buy gold and silver. This is what hedge fund legends John Paulson and David Einhorn are doing. As Justice Litle pointed out last week in Taipan Daily , Paulson and Einhorn “have gold and gold stock positions running well into the multi-billions for their respective funds.”

After reaching a record level, gold has lost some of its momentum lately. That can be seen in a number of different ways. Gold and Options Trader’s Ed Bugos sees this as only good news. Gold should have another surging summer, and now is the best time for investors to get in by playing the “dips”.