Most Viewed
Give Me Money, I’ll Keep Buying Gold: Holmes
With gold prices down 2.6% this week, U.S. Global Investors CEO Frank Holmes tells Kitco News he is not concerned. ‘Gold is just going through its normal seasonal pattern,’ he told Daniela Cambone Thursday. Although he highlighted interest rates as an important factor for gold, Holmes is really focused on inflation. ’The most welcome news recently was that the core consumer price index (CPI) rose 2.3% year-over-year in February, representing the fourth straight month of inflation and the highest rate since October 2008,’ he said. ‘As I’ve pointed out many times before, gold has tended to respond well when inflationary pressure pushes real interest rates below zero.’ April Comex gold futures settled Thursday’s session at $1,221.60 an ounce while May silver settled almost 4% lower on the week at $15.199 an ounce. (show less)
With gold prices down 2.6% this week, U.S. Global Investors CEO Frank Holmes tells Kitco News he is not concerned. ‘Gold is just going through its normal seasonal pattern,’ he told Daniela Cambone Thursday. Although he highlighted interest rates as an important factor for gold, Holmes is really focused on inflation. ’The most welcome news recently was that the core consumer price index (CPI) rose 2.3% year-over-year in February, representing the fourth straight ... (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.
