Frank Holmes, Karim Rahemtulla: Where Gold Is Now
Date Posted: July 6, 2016
Read time: 2 min
Karim Rahemtulla, Co-Founder of Beyond the Dollar and contributor for The Non-Dollar Report, chats with Frank Holmes about the current state of the gold market.
Karim Rahemtulla, Co-Founder of Beyond the Dollar and contributor for The Non-Dollar Report, chats with Frank Holmes about the current state of the gold market. The two share their thoughts on the recent run in the yellow metal and Karim states that this could be the “initial stages of another bull market” – Frank agrees.
Frank says gold’s price movements are based on negative interest rates, and that this run is reminiscent to that of 2001 and 2002 when gold first went from $300 to $400. “No one believed it,” he said. “And I think that’s the scenario we are in now.”
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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 03/31/2016: Barrick Gold Corp, Franco-Nevada Corp, Royal Gold Inc.
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