Frank Holmes Talks Gold with Bloomberg TV
Alix Steel of Bloomberg Television welcomes Frank Holmes to the program to discuss the performance of gold so far in 2016. On this particular day, gold surged as stocks sold off, and Frank says the spectacular movement has come just in time with the Chinese New Year. He comments that over the past 20 and 60 trading days gold has been up nearly two standard deviations and that this seasonal rally directly relates to safe-haven buying amid market uncertainty.
Watch the full interview here to see where Frank believes the gold price could head next.
Past performance does not guarantee future results. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. This news release may include certain “forward-looking statements” including statements relating to revenues, expenses, and expectations regarding market conditions. These statements involve certain risks and uncertainties. There can be no assurance that such statements will prove accurate and actual results and future events could differ materia