Investing News, Released on 7/16/20

As money printing accelerates globally, gold’s chances of surpassing its old high are rising.

“With all this money printing it looks like gold could easily surge,” Frank Holmes of US Global Investors told the Investing News Network.

“We forget what happened to palladium in 2018/2019, in particular 2019 — out of nowhere it went from US$1,000 (per ounce) to US$2,700. Why can’t that happen again to gold? It’s very feasible, and you don’t have a war, you just have this new money printing.”

0:00 – Intro
0:19 – The most important factor in gold’s rise
2:56 – Understanding the “love trade”
5:08 – What gold’s path higher will look like
6:15 – Gold stocks seeing the biggest gains
8:36 – How investors should play the market
11:52 – A “super surge” in silver and silver stocks
13:20 – Where platinum and palladium are at
15:15 – Opportunities outside the resource sector
18:12 – Final words of advice
19:30 – Outro

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.

  Frank Holmes, gold, mining, money printing, precious metals