Peak Gold Could Send Prices Higher In 2019
Date Posted: January 2, 2019
Read time: 1 min
Bloomberg Radio hosts Pimm Foxx and Lisa Ambramowicz welcome Frank Holmes back to the program to discuss his thoughts on the recent uptrend in the price of gold as we kick off a new year. Frank points out that as the market unraveled at the end of 2018, bullion had a spectacular run along with gold stocks.
Bloomberg Radio hosts Pimm Foxx and Lisa Ambramowicz welcome Frank Holmes back to the program to discuss his thoughts on the recent uptrend in the price of gold as we kick off a new year. Frank points out that as the market unraveled at the end of 2018, bullion had a spectacular run along with gold stocks.
When asked if this gold rally will continue, Frank explains that the idea of peak gold is one contributing factor that could keep the yellow metal propped up. For the full interview and Frank’s outlook on precious metals in 2019, tune in below.
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Holdings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the article were held by one or more accounts managed by U.S. Global Investors as of 9/30/2018: SPDR Gold Shares (GLD).
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