The economics back up $10,000 gold and beyond - Frank Holmes

Analysts and CEOs who have historically been conservative with their gold price calls are now forecasting levels above $10,000 in the long-run, and Frank Holmes, CEO of U.S. Global Investors, said that fundamentals back up these numbers.
“What’ amazing about America, is that we have unprecedented deficits with no war and no recession. What happens when we get a recession or a war, we get this incredible money printing and gold goes up on that currency [depreciation]. So if something does break out, gold’s then going to really start to rocket,” Holmes told Kitco News on the sidelines of the Denver Gold Forum. (show less)

Analysts and CEOs who have historically been conservative with their gold price calls are now forecasting levels above $10,000 in the long-run, and Frank Holmes, CEO of U.S. Global Investors, said that fundamentals back up these numbers.
“What’ amazing about America, is that we have unprecedented deficits with no war and no recession. What happens when we get a recession or a war, we get this incredible money printing and gold goes up on that currency ... (read more)

Denver Gold Forum 2019

Denver Gold Forum 2019
September 15-18, 2019, Hyatt Regency, DenverHosted each September in Colorado, the Denver Gold Forum (DGF) is the world’s most prestigious precious metal equities investment forum. The Denver Gold Forum showcases seven-eighths of the world’s publicly traded gold and silver companies when measured by production and reserves. The invitation-only event is attended by the world’s leading specialist precious metal investors as well as generalist institutional investors. Buy- and sell-side analysts from around the world makeup the balance of the participants.

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