Frank Holmes on why gold's role will change forever

By Kitco News / August 15, 2020 / www.kitco.com / Article Link

Aug 17, 2020 Guest(s): Frank Holmes CEO, U.S. Global Investors

However you look at it, gold's long-term fundamentals remain bullish, owing to a world that is unlike anything we've seen before, said Frank Holmes, CEO of U.S. Global Investors.
"I think all those [bear case] suggestions, if you look at the evidence, are pretty weak. It's a very different world," Holmes said. "People complained about the balance sheet of the Fed was 6% of the GDP, and now it's 30%. If you get [politicians like] AOC becoming mainstream, you're talking about trillions of dollars of government printing of money."

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok