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Get ready for new records; gold, commodities in ‘sweet spot’ – Frank Holmes

The Acquiring Supervisors' Index (PMI) has hit two-year highs in August, recommending that a pickup in demand for raw assets, too greater rising cost of living, is on the way, stated Frank Holmes, Chief Executive Officer of UNITED STATE Global Investors.

Holmes added that gold miners are likely to see record cash flow this quarter as a result of climbing assets demand.
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Focus on $4,000 gold price target, airlines, ignore Fed noise – Frank Holmes

Jerome Powell's hawkishness at last week's Jackson Opening Symposium created uncertainties in gold investors' minds, sending out the yellow steel to trade laterally for the last couple of days.

Volatility for gold presents a chance to buy on the dips, claimed Frank Holmes, Chief Executive Officer of U.S. Global Investors that stated that "if you're not long, you're wrong."

Holmes has previously required gold to strike $4,000 an ounce in a couple of years' time. His lasting forecast is based upon using gold's performance during the last time the Fed expanded its balance sheet between 2009 to 2011.
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Kitco News is the globe's # 1 source of steels market info. Our video clips include meetings with noticeable market numbers to bring you market-affecting insights, with the goal helpful individuals make informed investment decisions.

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Live silver price and also graphes:.

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Disclaimer: Video clips are not trading advice and the sights shared may not show those of Kitco Metals Inc
.