In honor of D-Day and The Battle of Normandy which began on this date in 1944, today’s Face 2 Face involves questions from the military.
Question #1: Brendan, a retired Marine from New York asks if gold is still a good hedge against the falling dollar and inflation?
Eric Bolling says, "Yes!" If the dollar continues to fall, more dollars will be needed to buy the same amount of gold. He recommends streetTRACKS Gold Trust (GLD) or Powershares DB G10 Currency Harvest Fund (DBV) which is a basket of currencies against the dollar.
Question #2: Bob, a retired Navy Seal from California asks about Whole Foods (WFMI) which has recently been challenged by the FTC in their attempts to acquire Wild Oats Markets. He wonders if WFMI is a good investment?