Frank Holmes: Bullish on Gold, “Perfect Storm of Inflation” Ahead
- Investing News
This interview was filmed on June 14, 2021. The gold price reached a new all-time high nearly 12 months ago, and as the summer months set in again investors are wondering whether it may do the same thing this year. Frank Holmes, CEO and chief investment officer of US Global Investors, said he thinks it’s possible for the yellow metal to set a new record in 2021. “I think it’s quite easy this year to take out last year’s high. It’s very easy to do that,” he said. Holmes also discusses bitcoin enthusiasm and the US Global Jets ETF. #Investing #Gold #Bitcoin
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0:00 – Intro
0:45 – “Greatly understated” inflation and gold
2:51 – Why isn’t the Fed worried about inflation?
5:18 – “Quite easy” for gold to hit a new high
7:24 – Enthusiasm high at Miami bitcoin event
9:32 – Bitcoin acceptance on the rise
12:32 – Is now the right time to buy bitcoin?
15:26 – Will mainstream appeal hurt bitcoin?
18:20 – Jets ETF to thrive as economies open
21:35 – Outro
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