Gold Price Rally, Explained
Frank Holmes spoke recently with Adam Shell of USA Today to help explain why investors have been snapping up gold lately, even with record stock prices and improving economies around the globe. Frank says the gold price has been pushed up in five of the last six weeks, while keeping investor interest, because of simple investment-related math. He goes on to explain that investors are also pricing in some bad economic outcomes if President Trump plans to slap tariffs on U.S. trading partners like China, which would hurt U.S. consumers by resulting in higher prices of imported goods sold at popular American retailers.
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