Frank Holmes: The Future of Interest Rates and Gold
Marc Lichtenfeld, host of Oxford Club Radio, welcomes Frank Holmes back to the program to discuss the Federal Reserve and interest rates.
Marc Lichtenfeld, host of Oxford Club Radio, welcomes Frank Holmes back to the program to discuss the Federal Reserve and interest rates. Frank says he thinks it will be hard for the Fed to raise rates with global growth contracting, noting that the U.S. needs to see the dollar realign itself to a lower level in order to remain competitive.
Frank also discusses the importance of the Trans-Pacific Partnership (TPP) trade pact signed last week. He says the TPP is very significant because 12 participating countries make up 40 percent of the global economy. Once this starts to unfold, there will be a boom according to Frank, allowing the Fed to then take action.
Tune-in to the full interview to hear Frank’s thoughts on gold and the municipal bond market as well.
Click here to listen to the interview!
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