Frank Holmes maintains $4k gold price target; stocks, bitcoin, inflation to rise in 2021

Kitco News, Released on 12/30/20

2021 is not going to be the year of another market crash, said Frank Holmes, CEO of U.S. Global Investors. In fact, the economy is expected to see a substantial rebound, followed by a rally in gold, stocks, and bitcoin.

0:00 – 2020, the “contrarian” year
2:40 – Bitcoin and cryptocurrencies
8:20 – Bitcoin and gold outlook
9:34 – 2021’s investment themes
11:07 – Inflation
13:34 – Housing prices rising
15:55 – Economic growth
18:16 – Investment advice for millennials

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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