Gold's Rally is Fading But It's a Great Buying Opportunity Says This CEO

Gold's rally seems to be fading but Frank Holmes, chief executive officer of U.S. Global Investors, suggests that this may just be another buying opportunities for gold investors. Gold prices are modestly lower on Monday with the bulls having faded a bit recently. June Comex gold futures were last down $2.10 an ounce at $1,251.70. With a rate hike now a possibility by next month after so many discounted it, Holmes suggests that gold will continue to hurt until the next Federal Open Market Committee meeting in June. (show less)

Gold's rally seems to be fading but Frank Holmes, chief executive officer of U.S. Global Investors, suggests that this may just be another buying opportunities for gold investors. Gold prices are modestly lower on Monday with the bulls having faded a bit recently. June Comex gold futures were last down $2.10 an ounce at $1,251.70. With a rate hike now a possibility by next month after so many discounted it, Holmes suggests that gold will continue to hurt until the ... (read more)

Gold Game Film

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.

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