Where’s Gold Headed in 2015?
In the first episode of Gold Game Film for the year, Frank Holmes joins host Daniela Cambone of Kitco News to talk about what we can expect from the precious metal heading into 2015. Frank says simply, that when it comes to gold, bad news is good news. He uses Europe and China as an example, pointing out their plans to do anything possible to stimulate their economies, starting with negative interest rates along with pumping money into the system. This is good for gold, Frank notes, since this activity should eventually show up in higher gold prices.
Frank also discusses that many investors may be surprised to learn how gold finished 2014. Looking at the yellow metal in currency terms, it was the second-best performer only to the U.S. dollar for the year.
Watch the full episode of Gold Game Film for more 2015 gold thoughts from Frank Holmes.
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