The Phaserl


Gold ETFs Paint The Real Picture – Frank Holmes

from KitcoNews:

Gold kicks off the week with a bearish tone and Kitco News speaks with Frank Holmes to find out why. He says that he is not bearish on gold because the metal is not ‘extremely overbought or oversold.’ “If we look over 60 trading days, it’s basically flat.” Holmes stresses the importance at looking at ETF flows because it actually has expanded despite the recent correction. He looks at opportunities for the yellow metal from France’s Central Bank as well as real interest rates. Holmes also touches upon threats that may arise from the stock market and the Fed. Tune in now to find out what he thinks may be gold’s touchdown pass this week!

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