Money Life With Chuck Jaffe Daily Podcast

Thomas Winmill, manager of the Midas Fund, says that 27 percent gains over the last 12 months haven't taken the shine off of gold stocks, which are 'trading at very attractive multiples in terms of price to free cash flow.' Winmill notes that despite low inflation -- which reduces gold's efficiency as a hedge against rising prices -- and lower-for-longer interest rates, precious metals remain attractive during uncertain times, which is why gold prices have held up against the coronavirus pandemic and have seemed impervious to election news. Also on the show, Noland Langford of Left Brain Investment Research highlights some 'Covid stocks' that come from industries and businesses that most people don't think have futures tied to the pandemic, Ryan Sweet of Moody's Analytics discusses the latest National Association for Business Economics outlook survey, and Rob Isbitts of Sungarden Investment Management and thehedgedinvestor.com covers exchange-traded funds in the Market Call.