Money Life With Chuck Jaffe Daily Podcast

Holmes: I don't believe inflation is at 3 percent; it's much higher.

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Synopsis

Frank Holmes of U.S. Global Investors said he thinks the way inflation is calculated has grossly understated current levels of rising prices and he explained what that means for the gold market, while Sandra Stoutenburg of Investech talked about why the market has made her defensive to the point where she's recommending people hold more than one-quarter of their assets in cash right now. Also, Matt Schulz of CreditCards.com and Janet Flanders Johnston of Trim Tabs Asset Management with the Market Call.