The Good News for U.S. Consumers
Jim Puplava of Financial Sense Newshour welcomes Frank Holmes back to the program to discuss a number of market headlines, the first being a drop in oil prices. Frank agrees with Jim’s notion that this decline acts like a stimulus for the U.S. consumer, noting that as prices drop at the gas pump, more can be spent by consumers in the retail and even luxury space.
In the full interview, Frank gives an overview of the gold market and explains why he thinks royalty companies are the place to be right now. He also shares his outlook for commodities in the next six months.
A recent Frank Talk, Explore and Discover the Winners When Gas Prices Fall, gives an in-depth look at consumers benefitting from oil slipping. Check it out!
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