Global PMI: Key Number To Track Says Holmes

Kitco News speaks with U.S. Global Investors’ Frank Holmes about gold prices, the oil & gas sector and the global economy. Holmes argues that inflation is on the horizon. “I think sometime in the next 12 months….we will see inflation basically kick up.” He also expects to see a slowdown in gold supply over the next 2 years. “I think that’s going to be a positive indicator [for the metal].” With regards to the PGMs, he says that although there is inventory buildup for platinum and palladium in the ETFs, car sales have been booming, which makes the PGMs an asset class to keep an eye out for. “Copper is another one that is a classic asset class to invest in,” he adds. Tune in now to hear more comments on the metals and the mining industry from Frank Holmes. Kitco News, January 16, 2014. (show less)

Kitco News speaks with U.S. Global Investors’ Frank Holmes about gold prices, the oil & gas sector and the global economy. Holmes argues that inflation is on the horizon. “I think sometime in the next 12 months….we will see inflation basically kick up.” He also expects to see a slowdown in gold supply over the next 2 years. “I think that’s going to be a positive indicator [for the metal].” With regards to the PGMs, he says that although there is inventory ... (read more)

Daniela Cambone

Daniela Cambone

Editor/Producer

On The Spot
Editor-Producer Daniela Cambone travels the globe covering conferences and interviewing key political and economic leaders on the resource industry's hottest topics.

Biography
With over a decade of international experience, Daniela Cambone covers prominent industry events and interviews a number of leading analysts, financiers and political leaders for Kitco News. She began her career covering the Canadian financial and insurance industry and later worked in Europe covering the political and financial scene for the International television station, Press TV. Daniela holds a BA in Broadcast Journalism and an MA in Journalism & Communications.

Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.