Frank Holmes: Gold Is Not Always Linear
Date Posted: August 26, 2015
Read time: 1 min
After witnessing the market fall on Monday, many investors were surprised that gold didn’t perform better than it did. Frank Holmes tells Daniela Cambone, host of Kitco News, that gold is not always linear, as clearly seen by its mild reaction to the market rout. He did mention that for two weeks the precious metal was in a rebound, perhaps forecasting Monday’s moves.
After witnessing the market fall on Monday, many investors were surprised that gold didn’t perform better than it did. Frank Holmes tells Daniela Cambone, host of Kitco News, that gold is not always linear, as clearly seen by its mild reaction to the market rout. He did mention that for two weeks the precious metal was in a rebound, perhaps forecasting Monday’s moves.
Tune in to this edition of Gold Game Film to see where Frank thinks the precious metal is heading next!
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