1252 days ago
Asset manager Frank Holmes argues that the US the election results and a split house may be the perfect scenario for the stock market and the ideal scenario for gold. He believes that G20 Central bankers have been functioning as a cartel since 2008 by synchronizing taxation and regulation. Now they are playing with MMT, zero interest rates, and monetary stimulus. However, they have redefined the CPI, and today if you use the old model, inflation is running at close to eight percent. Smart people are buying real assets like art, gold, silver, mining equities, and bitcoin.
1382 days ago
Fund Manager Frank Holmes argues that the fifty and two hundred day moving averages act as essential signals for big institutional money. When these signals cross, they start to notice since they prefer to having the wind in their sails.
1922 days ago
Pundit Frank Holmes says, “Gold has been so resilient all year especially when you look at real interest rates.” Due to negative interest rates in other countries, the dollar has held up reasonably well. When they talk about rates peaking gold will hit $1500 in the blink of an eye. The supply of gold is shrinking, and the costs are getting more expensive which is settings us up for a beautiful gold cycle. Gold is going to have an incredible shine and pass through the 1900 level in the next three years."
2300 days ago
Frank Holmes is chairman of a blockchain company (Hive) yet is a major gold bull. He became interested in the space when found out that the CEO of Fidelity a company with two trillion in funds has been discussing bitcoin. He says, “Something big is happening.
2510 days ago
In this week's podcast from Palisade Capital Frank Holmes discusses how the GDXJ became just a buying index with no separation of value and little understanding of who was doing well fundamentally. The re-balancing has created a large uncertainty with five billion dollars initially moving into the space and now three billion dollars leaving it. This will affect many of the small and mid cap producers. The investment money is being reallocated to the big names like the Barricks, the Newmonts, and the Goldcorps of the world. Holmes argues that you should use this as an opportunity, as some of these stocks have been sold down indiscriminately even though they are reporting phenomenal fundamentals.
2648 days ago
Resource specialist Fund manager Frank Holmes argues that the gold and bond markets and have been driven by global uncertainty. Bond rates have begun to decline again which is bullish for the gold market. Holmes reckons forward looking industrial indicators are currently positive - they are predictive of future global economic demand. Holmes says this is a good sign, and may be the underlying reason why commodities have been rallying.
