How can you navigate the threat of the 'flations'? One option is to follow the yellow brick road and buy gold.

As we head into the homestretch of summer, deflation seems firmly entrenched as the prominent financial theme of the moment, even while, in my view, two other possible outcomes have a higher likelihood: inflation and stagflation.

In effect, that has created an additional theme: how best to protect yourself and your money. I think everyone should be aware of, if not actively pondering, the impact of these phenomena, as well as planning how to manage the risks that the likelier "flations" pose to one's financial well-being.What's up? Only the things you need Concern over deflation, Wall Street's current favorite "phantom menace," has reached near hysterical levels...