Mining Masters: Frank Holmes Podcast
By GCRU Gold News on Monday, August 25 2014, 07:52 - Permalink
Bullish on gold…
Frank believes gold should be $1400 for three reasons:
Real Global GDP has bottomed and is on the rise, significant for the ‘love trade’ in emerging countries. There is a strong repetitive pattern for gold to rise with religious holidays, which start with Ramadan in the summer and end with Chinese New Year. We’re in that part of the season right now. Countries in Europe and China are increasingly concerned about their economies and are creating stimulus.