The Gold and Oil Landscape in Europe

Author: USGI
Date Posted: January 26, 2015 Read time: 1 min


Frank Holmes joins Bernie Lo of CNBC Asia to talk about this week’s monetary policy decision from the European Central Bank (ECB), specifically how it could affect commodities like gold and oil in Europe.

Frank says that with the approval of further quantitative easing (QE) from the ECB, gold should perform very well in euro terms and has already started to do so. He adds that it will take about six months for the stimulus to trickle through the European economy, but this cheap money should ignite economic activity.

Watch the full interview to see what Frank has to say about cheap oil in Europe, and also to hear his current strategy on the U.S. market.

Want even more market news? Then what are you waiting for? Sign up for our FREE Investor Alert newsletter and we’ll send you an update each Friday.

The Invest Alert Newsletter Comes Straight From Our Portfolio Managers To You

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.

By clicking the link above, you will be directed to a third-party website. U.S. Global Investors does not endorse all information supplied by this website and is not responsible for its content.