Frank Holmes: $2,600 gold is ‘very doable’; Bitcoin, Ethereum’s future explained

Kitco News, Released on 12/7/20

Another 40% move in gold in 2021 is “very doable” says Frank Holmes, who is looking for a range of $2,200 to $2,600 an ounce. Cryptocurrencies will continue to do well; Bitcoin will be driven by increased adoption, while Ethereum benefits from the latest developments in DeFi.

0:00 – Gold
4:26 – Bitcoin and Ethereum
7:00 – Hive Blockchain
9:31 – Drivers of Bitcoin
11:05 – Asset allocation

Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sectors.

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