One Underlying Factor That Could Help Gold Prices
Date Posted: November 21, 2016
Read time: 1 min
Frank Holmes catches up with Kitco News’ Daniela Cambone at this year’s Silver & Gold Summit in San Francisco shortly following the results of the U.S. election.
Frank Holmes catches up with Kitco News’ Daniela Cambone at this year’s Silver & Gold Summit in San Francisco shortly following the results of the U.S. election. Commenting on Donald Trump’s win, Frank says the president-elect needs to focus on one thing, deregulation. “If you don’t get massive deregulation and rates rise, a recession is coming,” Frank said.
In terms of Trump’s effect on commodities, gold in particular, Frank believes there is one underlying factor that could help prices, even with the big correction the yellow metal has experienced recently. Watch the full episode to see what Frank Holmes thinks!
All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.
Holdings may change daily. Holdings are reported as of the most recent quarter-end. None of the securities mentioned in the interview were held by any accounts managed by U.S. Global Investors as of 09/30/2016.
