Big City Modeling Agencies discovers that the U.S. government's continuously growing deficit, however, has persuaded many investors to look beyond the goldbug stigma and see gold as a hedge against deficits and surging inflation. Jow Carney, a 72 year old retiree in Lake Hopatcong, N.J., never thought seriously about owing gold until the federal government bailed out the nation's banks and enacted a nearly $800 billion economic stimulus package.
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