Click here to get this article in PDF
Nevertheless you check out it, gold's long-term fundamentals remain favorable, owing to a globe that is unlike anything we've seen prior to, said Frank Holmes, CEO of U.S. Global Investors.
" I think all those [bear situation] recommendations, if you consider the proof, are rather weak. It's an extremely different world," Holmes claimed. "Individuals grumbled when the annual report of the Fed was 6% of the GDP, and also now it's 30%. If you obtain [political leaders like] AOC [Alexandria Ocasio-Cortez] becoming mainstream, you're speaking about trillions of dollars of government money printing."
__________________________________________________________________
Kitco Information is the globe's # 1 source of metals market information. Our videos include interviews with noticeable industry figures to bring you market-affecting understandings, with the goal of helping people make notified financial investment choices.
Sign up for our network to keep up to day on the current understandings moving the steels markets.
For more breaking news, see
Follow us on social media sites:
Facebook –
Twitter –
Google+:.
StockTwits -.
Real-time gold rate and charts:.
Live silver price and also charts:.
Don't neglect to sign up for Kitco Information' Weekly Roundup– appears every Friday to recap the hottest stories & video clips of the week:.
Sign up with the discussion @ The Kitco Forums as well as belong to the premier online neighborhood for rare-earth elements financiers:.
Disclaimer: Video clips are not trading advice and the sights revealed might not reflect those of Kitco Metals Inc
.
Frank Holmes: if you’re not long, you’re wrong – bear case for gold is ‘weak’
However you look at it, gold’s long-term fundamentals remain bullish, owing to a world that is unlike anything we’ve seen before, said Frank Holmes, CEO of U.S. Global Investors.
“I think all those [bear case] suggestions, if you look at the evidence, are pretty weak. It’s a very different world,” Holmes said. “People complained when the balance sheet of the Fed was 6% of the GDP, and now it’s 30%. If you get [politicians like] AOC [Alexandria Ocasio-Cortez] becoming mainstream, you’re talking about trillions of dollars of government money printing.”
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
Google+: https://plus.google.com/u/0/116266490328854474588
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
