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

Where Is All the Gold Headed?

Robert Williams of Wall St. Daily talks with Frank Holmes about gold, and more specifically, where it’s all going. Frank discusses the great “tectonic shift” that is taking place in the gold market right now, explaining that an increasing amount is leaving the United States for China, and before reaching China, passing through Switzerland. Adding an interesting visual element, Frank explains that when this gold is moved, more and more is actually being melted down from big bricks into tinier gold bars, and then being shipped.

 

Listen to the interview to see what’s causing this shift and how it affects gold investors.

 

For more on gold:

 

All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. By clicking the link above, you will be directed to a third-party website. U.S. Global Investors does not endorse all information supplied by this website and is not responsible for its content.