A Bullish Bet on Gold
Date Posted: May 4, 2017
Read time: 1 min
Dominic Chu of CNBC’s Trading Nation welcomes Frank Holmes to the program to discuss why Frank sees gold going higher in the second half of 2017.
Dominic Chu of CNBC’s Trading Nation welcomes Frank Holmes to the program to discuss why Frank sees gold going higher in the second half of 2017. Frank explains the fear drivers pushing demand for the yellow metal right now, namely real interest rates and gold’s safe-haven trade amid geopolitical uncertainty. He also notes continued gold consumption throughout China and India, 40 percent of the world’s population, as one of the significant demand drivers.
So how do investors capitalize on this bullish case for gold? Frank shares some of his ideas in the full replay below!
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Holdings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the interview were held by one or more accounts managed by U.S. Global Investors as of 03/31/2017: VanEck Vectors Gold Miners ETF (GDX), VanEck Vectors Junior Gold Miners ETF (GDXJ), SPDR Gold Shares (GLD), Direxion Daily Gold Miners ETF (NUGT), Direxion Daily Junior Gold Miners (DUST).
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