Frank Holmes Makes the Case for Gold on CNBC Squawk Box
Frank is invited back to CNBC Squawk Box to talk with Brian Sullivan about the recent pullback in gold prices. While gold miners are affected in the short term by cutting exploration and development, supply is restricted. Still, Frank explains, gold demand is affected by the Fear Trade, with pervasive negative real interest rates. Positive trends being seen in physical gold buying along with global monetary and fiscal policies lead Frank to believe that a bullish trend for gold is still ahead.
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