The Gold Report: Frank, you are one of the most positive people I know. What happened to gold in mid-April, and could it happen again?
Frank Holmes: I often remind investors that gold has two drivers: the fear trade and the love trade.
The fear trade captures most of the attention. Many people who have put money into the SPDR Gold Trust (GLD:NYSE.A) and other gold ETFs have bought for the fear trade. The fear trade kicked in due to governments monetizing debt at an excessive rate, creating negative real interest rates. For example, last year Japan, Europe and the U.S. rolled over about $8 … [visit site to read more]Similar posts:
- Don Mosher: Strangulation by Regulation—Is the Venture Exchange on Its Deathbed? The Gold Report: Don, you believe that Canada’s TSX Venture...
- Scaling the Heights with Peruvian Miners: Ricardo Carrión The Gold Report: How’s the mining investment climate looking in...
- Sprott’s Michael Kosowan on Surviving Death by Paper Cut in Today’s Mining Equity Market The Gold Report: Are you mostly involved in mining investments,...
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here