Kitco News, Released on 11/28/24

The next few years will be all about alternative assets, says Frank Holmes, CEO of U.S. Global Investors, and Executive Chairman of HIVE Digital Technologies. “Our audience in North America is more consumed with the fear trade,” Holmes tells Kitco News anchor Jeremy Szafron. “The imbalance between monetary and fiscal policies. And the greater the imbalance, the greater gold performs in that asset class.” During the discussion, Holmes weighs in on top risks for investors in 2025, including geopolitics and the growing global debt problem. He forecasts what to expect from the second term of the Trump administration. Holmes also shares his gold price and Bitcoin price outlook, specifying a buy zone for Bitcoin and the next upside target.

00:00 Introduction: Ray Dalio’s Warning
00:56 Market Predictions for 2025
01:15 Inflation and the Fed’s Next Move
03:37 Gold and Silver as Alternative Assets
03:47 Bitcoin’s Market Dynamics
09:36 The Geopolitical Influence on Gold
13:29 Silver’s Market Performance and Future
15:38 Bitcoin
26:46 The Future of AI and Data Centers
27:58 Energy Policies and Nuclear Power

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. He’s also Executive Chairman of Hive Blockchain Technologies.

  bitcoin, economy, Fed, Frank Holmes, gold, investing, silver