Midas Fund's Winmill on why gold - at record highs - has room to run

Money Life with Chuck Jaffe - A podcast by Chuck Jaffe

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Thomas Winmill, manager of the Midas Fund, discusses how uncertainties over tariffs, trade wars and geo-politics have help boost gold prices by more than 40 percent in the last year — and mining-company stocks by even more — and yet the current level of concern is going to help precious metals go even higher from here. He explains why the higher prices are a particular boon for the miners, making them the market sector he thinks has the most potential moving forward. Dan Brown, director of consumer product management at KeyBank talks about the firm's recent research which showed that Americans have levels of financial stress which may not be fully warranted, contradicting other studies — including ones discussed recently on the show — by showing that 45 percent of respondents are confident they could manage a $2,000 unexpected expense. Todd Rosenbluth, head of research at VettaFi, looks to the newest bond offering from the oldest mutual fund company — one of its first ventures into running exchange-traded funds — as his ETF of the Week. Plus, in the Market Call, Wasif Latif, president/chief investment officer at Sarmaya Partners — manager of the new Sarmaya Thematic ETF — talks about the concepts and ideas that he thinks will move the market next.