Oct 24, 2018 Guest(s): Frank Holmes CEO, U.S. Global Investors
Gold is facing significant macro-economic transitions from foreign investors that could shift the sentiment to the positive side, said Frank Holmes, CEO of U.S. Global Investors.
"We're seeing Eastern European countries show up: Poland, we see Hungary, just buying tons of gold. I think it's really significant on that transition that's taking place. And all the Indians, all the women that have bought gold, now there's seeing it reward because the rupee has continued to fall," Holmes told Kitco News.