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Podcast: Money Life with Chuck Jaffe
Episode: Midas Funds' Winmill: With low, stable rates, this gold rally still has legs
Description: Thomas Winmill, manager of the Midas Discovery Fund and the Bexil Investment Trust, says that while the rally in gold is long in the tooth — at record highs having lasted twice as long as the standard rally — but he makes the case that it still has plenty of room to run, boosted by purchases made by central banks around the world. Winmill says that a rising dollar might end the rally, but that's not in his forecast; he sees rates staying low or stable, providing enough fuel that the price of gold-mining stocks "could be a triple from here." Davi...