Frank Holmes (who currently co-manages the U.S. Global Investors Gold and Precious Metals Fund) recently sat down with Marketwatch to discuss 4 reason why he thinks that gold prices will surge this year.
Holmes stated that four factors — shrinking real interest rates in the U.S., a dip in the dollar that led to a so-called “death cross” formation, a jump in the global purchasing managers index and signs of increased demand from China — suggest that gold could finish strong this year.
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