Is Gold Clawing for a Bottom?

Author: USGI
Date Posted: November 11, 2014 Read time: 1 min

On this week’s edition of Gold Game Film, Kitco’s Alex Letourneau asks Frank Holmes what he sees in store for the precious metal this week. Frank says he thinks gold is clawing for a bottom. Although he is unsure when gold will truly hit its lowest level, Frank explains why gold’s decline is related to global GDP.

Tune in to the entire episode to hear Frank discuss the latest report from the World Gold Council, along with his touchdown pass of the week.

 

Is the Heyday for Gold Over? If you missed Frank on CNBC, you can watch the replay here!

 

Past performance does not guarantee future results. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. This news release may include certain “forward-looking statements” including statements relating to revenues, expenses, and expectations regarding market conditions. These statements involve certain risks and uncertainties. There can be no assurance that such statements will prove accurate and actual results and future events could differ materially from those anticipated in such statements.

Fund portfolios are actively managed, and 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 of U.S. Global Investors Funds as of 09/30/2014: Canaccord Genuity Group Inc.