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Podcast: Money Life with Chuck Jaffe
Episode: Muhlenkamp is high on gold stocks because he fears dollar devaluation
Description: Jeff Muhlenkamp, portfolio manager for the Muhlenkamp Fund, says in today's Money Life Market Call that one of his big fears right now is in order to deal with government debt, authorities will de-value the dollar, so he has been adding gold and precious metals names to the portfolio to hedge against that potential. He is also looking at deregulation as a possible driver for future as well, and while he is a value-oriented manager, he noted that there are plenty of ideas that look promising despite a market that is at record highs. David Lau, chief...