Money Life With Chuck Jaffe Daily Podcast

Hug: Gold up slightly where it should be given market conditions.

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Synopsis

Peter Hug, director of global trade for Kitco Metals, says that gold has been holding up because of concerns over the health of the economy, global politics and more that have created enough tension to keep gold slightly above where he thinks it should be given underlying market conditions and inflation. Charles Rotblut of AAII Journal puts a closed-end fund in the Stock of the Week spotlight, and doesn't like it, and Chuck talks about the current issues surrounding legendary fund manager Bill Gross.