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Monthly Archives: June 2011
THE PROBLEM WITH GOLD
Mel Gladstone, the founder of Financial Connections’ predecessor, once said to me, “people always talk about gold but why wait 10-years for it to pay off?” Many investors fearing inflation and economic uncertainty are buying gold futures, gold coins, gold … Continue reading
Posted in Economy, General, Investments
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WHERE OH WHERE IS THE INFLATION?
One of the signs of inflation isan increase in the money supply, specifically the measurement called M2. It includes cash, bank deposits and money market funds held by households. From November to mid-May, the increase in M2 is slight. The … Continue reading