Frank Holmes Says Gold Could Move to $1,400
Daniela Cambone of Kitco News welcomes Frank Holmes to On the Spot to discuss gold breaking through its 200-day moving average last week, along with some big moves seen from miners lately. Frank explains that both junior and senior mining companies have made a multitude of changes recently, and paired with the recent movements in the precious metal, it seems that there is a bit of sentiment relief for gold.
Watch the entire interview to see why Frank believes gold could hit $1,400 an ounce this year.
What else is gold up to?
- These gold charts will make your heart beat faster! See them here.
- What’s the game changer for gold? Read the Frank Talk post.
- For a longer discussion on junior gold miners, listen to a recent podcast on “This Week in Money.”
The Consumer Price Index (CPI) is one of the most widely recognized price measures for tracking the price of a market basket of goods and services purchased by individuals. The weights of components are based on consumer spending patterns.
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