Frank Holmes: Gold’s Selloff is a Great Short-Term Opportunity
Date Posted: July 22, 2015
Read time: 2 min
Gold fell to levels not seen in five years at the start of the week, and on this edition of Gold Game Film, Kitco News host Daniela Cambone wants to know why. Frank Holmes comments that the yellow metal is indeed fluctuating up and down, but advises investors to enjoy the wild ride. He says that although the powerful price changes are stressful for investors, this short-term volatility is a good opportunity to reposition your portfolio.
Gold fell to levels not seen in five years at the start of the week, and on this edition of Gold Game Film, Kitco News host Daniela Cambone wants to know why. Frank Holmes comments that the yellow metal is indeed fluctuating up and down, but advises investors to enjoy the wild ride. He says that although the powerful price changes are stressful for investors, this short-term volatility is a good opportunity to reposition your portfolio.
Tune in to the full interview to see why high-frequency trading could be a contributing factor to the unusual drop in the metal this week.
How has gold performed so far in 2015? Check out the latest Frank Talk post for a special commodities halftime report!
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