Will Italy’s Rebellion Impact Gold?
Date Posted: May 31, 2018
Read time: 1 min
The impact of Italy's anti-establishment movement was the focus of Frank Holmes and Daniela Cambone's latest discussion on Kitco News. Watch the full interview here!
“There’s a rebellion taking place,” says Frank Holmes, CEO of U.S. Global Investors, “and that’s good for gold!”
A wave of populism is washing over Italy, sending ripples throughout global markets. The impact of Italy’s anti-establishment movement was the focus of Frank Holmes and Daniela Cambone’s latest discussion on Kitco News. He believes that Italy has a contagion problem around the buildup of debt that originated in the 2010 debt crisis.
For a complete explanation of Frank Holmes’ thoughts on Italy, watch the video below!
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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.
