Frank Holmes: Ignore the Fed “Noise”
Daniela Cambone of Kitco News welcomes Frank Holmes back for another edition of Gold Game Film, on the same day Federal Reserve officials met and gold closed lower following a speech from Fed Chair Janet Yellen.
Daniela Cambone of Kitco News welcomes Frank Holmes back for another edition of Gold Game Film, on the same day Federal Reserve officials met and gold closed lower following a speech from Fed Chair Janet Yellen. Frank tells investors to “ignore the noise” surrounding the Fed chatter along with, what he calls, the “short-term” movements in the yellow metal. Instead, he says to focus on how spectacularly gold has performed year-to-date.
Frank goes on to discuss how the quant world has been a big driver behind gold investment and also recaps some interesting points from a recent Goldman Sachs conference he attended. Tune in to the full interview below!
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The Consumer Price Index (CPI) is one of the most widely recognized price measures for tracking the price of a market basket of goods and services purchased by individuals. The weights of components are based on consumer spending patterns.
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