U.S. Global Investors [www.usfunds.com]

Jackson Hole Could Be the Catalyst for Gold

Kitco News’ Daniela Cambone welcomes Frank Holmes back to the program to talk gold price ahead of the upcoming Federal Reserve policy meeting in Jackson Hole, Wyoming. Frank says investors are expecting additional rate hikes and a stronger U.S. dollar out of the meeting, putting continued pressure on the yellow metal.

The two also discuss how record short selling in gold has caused the current price to become depressed. Is a price reversal in the cards? Tune in to the full replay below to see what Frank thinks!

Want more market insights from Frank Holmes? Subscribe to his award-winning CEO blog Frank Talk by clicking here.

 

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Standard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is also known as historical volatility.