Gold and Oil: Should You Sell in May?

Author: USGI
Date Posted: May 3, 2016 Read time: 2 min

Bernie Lo of CNBC Asia welcomes Frank Holmes to the program, kicking off the discussion by looking for Frank’s thoughts on the age-old investing adage “sell in May and go away.”

Bernie Lo of CNBC Asia welcomes Frank Holmes to the program, kicking off the discussion by looking for Frank’s thoughts on the age-old investing adage “sell in May and go away.” Although Frank doesn’t follow this maxim, he says it is worth focusing on the seasonal pattern of commodities during the summer months, particularly starting in May when energy prices and gold have historically gone through a modest correction.

Frank adds that oil prices, as well as gold and silver prices, have seen significant moves recently, a key sign that we are due for a pullback. Tune in to the full replay below!

 

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Standard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is also known as historical volatility.

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