Polish Off the Tarnish and Gold Still Shines
Date Posted: October 18, 2013
Read time: 2 min
Mining Markets’ Alisha Hiyate spoke with Frank Holmes on gold recently, specifically asking where the precious metal is headed during this seasonal period for gold. Frank talks about this year’s tremendous effects the Fear Trade and the Love Trade are having on the price of gold.
The fear surrounding the government shutdown, the uncertainty of the Federal Reserve tapering its bond purchase, and the restrictions on gold imports into India have made gold investors wary. However, Frank continues to see multiple strong points in gold, making it a great contrarian play for investors.
Read the interview to see why Frank believes the backdrop that drives gold hasn’t changed.
In case you missed Frank’s recent blog posts on gold:
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