Gold Price Remains Under Pressure – What’s Next?
Kitco News' Daniela Cambone welcomes Frank Holmes back to the program to discuss the news of Vanguard dropping the word "gold" from its fund name and reducing its exposure to the space from 80 percent to only 25 percent.
Kitco News’ Daniela Cambone welcomes Frank Holmes back to the program to discuss the news of Vanguard dropping the word “gold” from its fund name and reducing its exposure to the space from 80 percent to only 25 percent. Daniela wants to know what this might be telling gold investors. Frank says it’s all about active management and following fundamentals that can keep up in any gold price scenario.
He also explains that despite the gold price being put under continued pressure, history says the yellow metal is due for a rally. For the full interview, tune in to the replay below!
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A basis point, or bp, is a common unit of measure for interest rates and other percentages in finance. One basis point is equal to 1/100th of 1%, or 0.01% (0.0001).
Free Cash Flow (FCF) represents the cash that a company is able to generate after laying out the money required to maintain or expand its asset base.
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.