Is the Sentiment Up for Gold?
On this week’s episode of Gold Game Film with Kitco News, Frank Holmes catches up with host Daniela Cambone after attending the 20th Annual Vancouver Natural Resource Investment Conference. Daniela asks Frank to comment on the conference as a whole, and according to him, it seems the sentiment for gold is up!
Frank goes on to discuss the market movers in the gold space over the last week, commenting on the number-one news item, which was the move by the Swiss National Bank to remove its currency peg. He says the move caught many off guard, sending some money managers into panic mode, and reinforced gold’s appeal to many investors who see it as a safe-haven asset.
Tune in for more from Frank Holmes on the precious metal and to see what gold’s touchdown pass of the week is.
How did gold fare this year against other commodities? Check out this Frank Talk post where we feature our 2014 Periodic Table of Commodity Returns to find out.
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.
The Purchasing Manager’s Index is an indicator of the economic health of the manufacturing sector. The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.
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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