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Host Akiko Fujita on CNBC Asia invited Frank Holmes to discuss why he believes the real inflation rate may be significantly different from the consumer price index (CPI). Frank explains his outlook on the markets in the second half of 2018 in light of trade war concerns and rising steel prices. These factors combine to help Frank remain bullish on gold as an asset class.

To hear the full discussion, watch the replay here!

Watch the replay here!

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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.