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Podcast: Money Life with Chuck Jaffe
Episode: Midas' Winmill: Gold miners have more room to run than the metal itself
Description: Thomas Winmill, portfolio manager for the Midas Funds, says that while war typically is good for precious metals generally, the case for gold miners being able to deliver outsized returns is particularly strong now. Moreover, Winmill says the forces that contributed to gold being up more than 50 percent in the last 12 months — despite being down more than 10 percent in the last 30 days — are intact, and while war in Iran and geopolitics generally are creating a downturn, the longer-term forces will return once there is more clarity about economies around the globe. Todd Rosenbluth, head of research at Vett...