U.S. Global Investors [www.usfunds.com]

Is the Dollar Due for a Rally?

Daniela Cambone of Kitco News welcomes Frank Holmes back to the program, on a day when the oil market is quieter and the U.S. dollar is weaker. So what’s up with the gold market? Frank says is impressed that gold is doing so well right now, particularly in the context of positive real interest rates on the 10-year and 5-year yields, compared to three months ago. He does believe, however, that the U.S. dollar is due for a rally, which could have a short-term pullback on the yellow metal due to its inverse relationship with the currency.

Frank shares his thoughts on the oil market as well, and tells Daniela what market-moving economic indicator he has his eye on for the end of this week. Watch the full replay below!

All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.

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.

Standard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is also known as historical volatility.

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 06/30/2017.