Best Bet for Gold? U.S. Global CEO says This Candidate Sticks Out
U.S. Global Investors CEO Frank Holmes joins Kitco News in studio ahead of the Federal Open Market Committee meeting to talk about gold’s price action. The two-day policy meeting concludes Wednesday afternoon and according to Holmes, not much will happen. ‘I’m going to bet with Morgan Stanley, we’re not going to see a rate hike,’ he told Daniela Cambone. Switching gears to the presidential election, Holmes had some interesting comments on the candidates, noting that frontrunner Donald Trump may actually be the best bet for the economy. ‘It is whoever has the best fiscal policies and right now it appears to be Trump.’ However, when it comes to your gold investments, another candidate sticks out for Holmes. ‘I think Bernie would be the best for gold.’ April Comex gold futures are near two-week lows ahead of the FOMC meeting conclusion, last down $1.60 at $1,229.40 an ounce. (show less)
U.S. Global Investors CEO Frank Holmes joins Kitco News in studio ahead of the Federal Open Market Committee meeting to talk about gold’s price action. The two-day policy meeting concludes Wednesday afternoon and according to Holmes, not much will happen. ‘I’m going to bet with Morgan Stanley, we’re not going to see a rate hike,’ he told Daniela Cambone. Switching gears to the presidential election, Holmes had some interesting comments on the candidates, noting that ... (read more)
Gold Game Film
Gold Game Film features the founder of US Global Investors, Frank Holmes as he highlights play-by-play action in the gold market. Melding sports and precious metals, Holmes comments on gold’s touchdown pass of the week. Holmes also reflects on the opportunities and threats he sees for the gold market. Tune in every week to hear from our Monday Morning Quarterback, Frank Holmes.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.
