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Gold price tracking – could be $10k before we win “WW3” says Frank Holmes

We are combating a third world war against the pandemic, an extraordinary event, and also monetary plan feedback is readied to drive gold costs to levels never seen before, this according to Frank Holmes, Chief Executive Officer of UNITED STATE Global Investors.

" We still have negative genuine interest rates and that bodes extremely well for gold, so I believe gold can be easily $2,700 like palladium was in 2015. It can be $5,000. I do not recognize when the cash publishing quits, yet it could be $10,000 to get the worldwide economic climate back and also functioning," Holmes stated.

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Kitco News

Gold prices to skyrocket, Chinese New Year to give boost that sets it off says Frank Holmes

Don't bet against China, says Frank Holmes, Chief Executive Officer of U.S. Global Investors, who claimed that China is now a durable customer of gold.

" 60% of gold demand is as you recognize, from love, as well as the very best means to look at it is China and also India," Holmes informed Kitco News on the sidelines of the Vancouver Resource Investment Meeting.

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Kitco News is the globe's # 1 source of steels market info. Our videos feature interviews with noticeable industry numbers to bring you market-affecting understandings, with the objective of helping people make informed financial investment decisions.

Subscribe to our channel to stay up to date on the latest insights relocating the metals markets.

For more breaking information, browse through

Follow us on social networks:
Facebook –
Twitter –
Google+:.
StockTwits -.

Real-time gold rate and charts:.
Live silver rate as well as graphes:.

Do not neglect to sign up for Kitco News' Weekly Roundup– comes out every Friday to evaluate the best stories & video clips of the week:.

Sign up with the discussion @ The Kitco Forums and also become part of the premier on-line area for rare-earth elements financiers:.

Please note: Videos are not trading recommendations as well as the sights expressed may not mirror those of Kitco Metals Inc
.