Frank Holmes Says Gold Could Move to $1,400
Date Posted: February 20, 2014
Read time: 1 min
Daniela Cambone of Kitco News welcomes Frank Holmes to On the Spot to discuss gold breaking through its 200-day moving average last week, along with some big moves seen from miners lately. Frank explains that both junior and senior mining companies have made a multitude of changes recently, and paired with the recent movements in the precious metal, it seems that there is a bit of sentiment relief for gold.
Watch the entire interview to see why Frank believes gold could hit $1,400 an ounce this year.
What else is gold up to?
- These gold charts will make your heart beat faster! See them here.
- What’s the game changer for gold? Read the Frank Talk post.
- For a longer discussion on junior gold miners, listen to a recent podcast on “This Week in Money.”
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.
All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. By clicking the links above, you will be directed to third-party websites. U.S. Global Investors does not endorse all information supplied by these websites and is not responsible for their content. The following securities mentioned in the interview were held by one or more of U.S. Global Investors Funds as of 12/31/13: Barrick Gold Corp, Dundee Precious Metals Inc, Gran Colombia Gold Corp.
