What is Frank Holmes’ Favorite Investment?
Frank Holmes joins Kathleen Hays and Vonnie Quinn on Bloomberg’s Hays Advantage to discuss gold and the economy. Frank starts the discussion with the key drivers that continue to move the gold price—China, global purchasing managers’ index (PMI), and real interest rates. He sees the price of gold reaching $1,900 again, but when asked his favorite investment currently, Frank highlights a commodity other than the yellow metal.
Listen to the entire interview here to see what Frank’s favorite investment is and why. Also, hear his comments on Japan destabilizing, and how this is affecting global PMI.
For further market insights:
- Read why China holds the keys to the gold market in this recent Frank Talk post.
- Should gold investors fear the Fed? Frank Holmes and Kitco News launch Gold Game Film, a weekly recap of the gold market.
- Wall St. Daily asks, “Where is all the gold headed?” Listen to Frank’s response here.
All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. 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.
The J.P. Morgan Global Purchasing Manager’s Index is an indicator of the economic health of the global manufacturing sector. The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.
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