Will Gold “Pop” After Fed Meeting?
Date Posted: March 22, 2018
Read time: 1 min
Daniela Cambone invited Frank Holmes, CEO and CIO of U.S. Global Investors, on Kitco News to discuss how the Fed meeting may impact gold prices.
Daniela Cambone invited Frank Holmes, CEO and CIO of U.S. Global Investors, on Kitco News to discuss how the Fed meeting may impact gold prices. “There’s a lot of parity trading that basically depresses gold going into [the Fed meeting],” says Frank. “[A]fter that … we finally get the rate rise behind this, gold pops.”
Watch the video below for the complete interview.
Want more market insights from Frank Holmes? Subscribe to his award-winning CEO blog Frank Talk by clicking here.
All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.
The S&P 500 Stock Index is a widely recognized capitalization-weighted index of 500 common stock prices in U.S. companies.
The Consumer Price Index (CPI) is one of the most widely recognized price measures for tracking the price of a market basket of goods and services purchased by individuals. The weights of components are based on consumer spending patterns.
