The US does not have an inflation problem yet, but "within the next 12-to-16 months we could be in for a dose of serious inflation," Peter Cardillo from Avalon Partners told CNBC Monday.
Government stimulus measures will result in inflation over the coming years and that could support gold prices, Greg Smith from Fat Prophets told CNBC Monday. Smith added that gold could be due for a short-term correction. Uwe Parpart from Cantor Fitzgerald joined the discussion.
The camera manufacturer Canon donates photography equipment to the Yellowstone Park Foundation to help wildlife biologists monitor the endangered grey wolf.