Marktkommentare /  18. August 2020 /  392 views

However you look at it, gold’s long-term fundamentals remain bullish, owing to a world that is unlike anything we’ve seen before, said Frank Holmes, CEO of U.S. Global Investors.

“I think all those [bear case] suggestions, if you look at the evidence, are pretty weak. It’s a very different world,” Holmes said. “People complained when the balance sheet of the Fed was 6% of the GDP, and now it’s 30%. If you get [politicians like] AOC [Alexandria Ocasio-Cortez] becoming mainstream, you’re talking about trillions of dollars of government money printing.”
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