You Ask, Altucher Answers

James Altucher answers questions on inflation hedge stock plays.
By James Altucher ,

I've lately been responding to questions posed by members of the Stockpickr community on

Stockpickr Answers

.

Anybody can ask, respond or comment at Stockpickr Answers; the top responders get ranked in our "Top Analysts" section. Here's a question to which I've recently responded. (Note: You may have to scroll through several answers to see my response.)

  • Dennis Gartman, who several weeks ago felt gold would fall back to the $850 area, has revised his forecast and feels it will go back to $1,000 and higher. He feels the prospects of the continual fall of the dollar will continue especially after the next Fed rate cut. Also, continual inflation concerns will have an effect. I have been following streetTRACKS Gold Shares (GLD) - Get Report as it trades with the bullion benchmark. I'd appreciate other feedback.
    Click here for Altucher's answer to this question.

For an archive of James Altucher's Stockpickr answers, go to www.stockpickr.com/answers/ and type "James Altucher" under "search for questions." Select "Username - Answered" from the dropdown menu at right, and click "search." The most recent questions will appear first.

At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.

James Altucher is president of

Stockpickr

LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the

Financial Times

and the author of

Trade Like a Hedge Fund

,

Trade Like Warren Buffett

and

SuperCa$h

. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;

click here

to send him an email.

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