
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.
Get more gold thoughts and other investment insights from Frank Holmes by subscribing to the Frank Talk blog today!
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.
The Purchasing Manager’s Index is an indicator of the economic health of the manufacturing sector. The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.