A Conversation on Gold and Oil with CNBC’s Squawk Box

Author: Frank Holmes
Date Posted: June 18, 2013 Read time: 1 min

While in New York City on June 13, Frank Holmes joined CNBC Squawk Box’s anchors Andrew Ross Sorkin, Joe Kernen and Kayla Tausche to talk about what’s been going on with the gold price as well as his expectations for the price of oil. On gold, Frank says he thinks that gold could fall ten percent on the downside and 30 percent on the upside over the next 18 months.

Howard Ward, chief investment officer of GAMCO, also joined the group, and shared his bullish view on gold.

Watch the discussion now.

 

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