Frank Holmes Talks Gold, Oil on Money Metals Exchange
Mike Gleason, host of Money Metals Exchange’s Market Wrap podcast, welcomes Frank Holmes to the program to comment on moves in commodities during the first few weeks of 2016, particularly focusing on gold and oil.
Mike Gleason, host of Money Metals Exchange’s Market Wrap podcast, welcomes Frank Holmes to the program to comment on moves in commodities during the first few weeks of 2016, particularly focusing on gold and oil. Frank tells Mike that one headwind for gold in the new year is U.S. real interest rates, also citing global growth concerns and currency devaluations when it comes to the precious metal.
Listen to the full interview to hear Frank’s thoughts surrounding the fear of a drop in global equities, particularly during a presidential election year.
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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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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 09/30/2015: Newmont Mining Corp, St. Barbara Ltd.
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