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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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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 Information is the world's # 1 source of metals market info. Our videos feature meetings with famous market numbers to bring you market-affecting understandings, with the goal helpful individuals make informed financial investment decisions.

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