All Eyes on Silver Price Manipulation Case
Frank Holmes joins Kitco News host Daniela Cambone live in the studio to discuss the revival of a silver manipulation case in which several major banks have been accused of conspiring to rig prices. Frank uses one word to describe his thoughts on the news – vindication. He explains that this case goes hand-in-hand with a recently settled gold price manipulation case by Deutsche Bank for around $60 million, adding that these types of events will “cleanse the marketplace.”
Daniela also asks Frank his thoughts on the European Central Bank saying it could be ready to taper come April and what this means for gold. Tune in to the full interview below to see what Frank has to say!
All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.
Holdings may change daily. Holdings are reported as of the most recent quarter-end. None of the securities mentioned in the interview were held by any accounts managed by U.S. Global Investors as of 09/30/2016.