Showing posts with label Frank Holmes. Show all posts
Showing posts with label Frank Holmes. Show all posts
Gold Prices could Double over the next 5 years says Frank Holmes,
Frank Holmes, CEO & CIO of U.S. Global Investors says Gold is currently under owned and has the potential to soar even higher due to faster growth in money supply Gold could double in price in the next 5 years " just look at the gold as a component of the financial assets around the world since year 2000 it actually shrunk , and you are seeing much faster growth in money supply and other
Gold Will Double in 5 Years, Frank Holmes says
Frank Holmes says gold "gets too much attention" and notes it performed "in the bottom half" of all commodities last year, when it rose 30% but still badly trailed other metals such as silver and palladium. "The love trade is taking off in emerging countries, particularly China and India, where gold is giving for weddings, for birthdays [and] for any type of religious holiday," Holmes says. "Many
Buy Gold While Supplies Last, Says Fund Manager
Lost in the headlines over the dollar's resurgence in 2010 is the fact gold is still rising in most worldwide currencies. It is also still faring well in dollar terms. Gold is trading at around $1,120 per ounce, up about $60 in the last month. Frank Holmes, CEO and CIO of U.S. Global Investors, a long time gold bull sees no reason for this trend to end.
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