Money Life With Chuck Jaffe Daily Podcast

Welsh: Buy gold, beware a market pullback of up to 5 percent on the next few weeks.

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Synopsis

Jim Welsh of Smart Portfolios, said that gold -- which has been getting hammered in recent weeks despite rising inflation -- has the potential to rally from 1220 up to 1300 per ounce or higher by November, saying that 1350 would be as high as he could foresee right now. Meanwhile, he expects the stock market to take a small setback of as much as five percent over the coming weeks. Also, Andy Kerns discusses a recent Waterson Management Group study on how people misjudge electronic services costs, Chuck puke