This Gold Pattern is Profound

Author: USGI
Date Posted: March 18, 2015 Read time: 2 min


On this week’s episode of Gold Game Film, Kitco News’ Daniela Cambone welcomes Frank Holmes to get his thoughts on how the yellow metal has been moving recently. Along with the much-anticipated Federal Open Markets Committee (FOMC) meeting this week, Frank says the pattern we continue to see is gold’s inverse relationship with five-year Treasury yields. He comments that if investors get a negative rate of return on their money, gold is strong in that particular country’s currency and if the rate of return is positive, gold is weak in that country’s currency.

You can view the chart that simplifies this pattern by watching the full interview below. Tune in to also hear Frank’s thoughts on India’s new gold savings plan.

Did you know that American Bullion recently included Frank in its list of “11 powerful people and their insights on gold”? See who else made the cut and how their gold views compare and contrast to Frank’s in the latest post Who’s Who of Gold Investing.

Who's Who of Gold Investing

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Fund portfolios are actively managed, and holdings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the interview were held by one or more of U.S. Global Investors Funds as of 12/31/2014: Goldcorp Inc.

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