The “Money Talks” hosts answer listener questions about rail stocks and defense contractors.
You can hardly watch television for five minutes these days without seeing an advertisement extolling the virtues of buying gold. The precious metal is often seen as a safe-haven from economic downturns, but the reasoning for that argument is basically because it is a widely held belief. Like cash without the erosion of inflation, gold ownership is thought to be a way to store economic value.
Ted Parrish, CFA, answers a listener’s question on Teva Pharmaceuticals.
The “Money Talks” hosts discuss how the Fed’s announcement of quantitative easing drove the market for the first week of November.