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

On this week’s episode of Gold Game Film, Frank Holmes explains to host Daniela Cambone why we’ve seen the yellow metal come down in recent weeks. To simplify, he compares the situation to 2011 when gold hit $1,900. Frank says that back in 2011 interest rates in the U.S. were negative for five-year government bonds; today that number is a positive 160 basis points. Now the market is searching for a bottom in gold, Frank says.

He also discusses the impact the U.S. dollar and inflation are having on the precious metal, and notes which economic data point investors should pay attention to this week. Tune in below for the replay!

 

 

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