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FSN: Frank Holmes on Gold’s Massive Sell-Off: The Fear Trade vs. The Love Trade – Kitco.com Breaking News
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
from KitcoNews
US Global Investors’ Frank Holmes joins Kitco News to discuss gold prices as the market experiences the largest sell-off in 30 years. Holmes offers some perspective during these volatile and trying times in the gold market and discusses the series of domino-like contagions that led up to the crash, namely the Eurozone debt crisis, which Holmes says contributed to economic woes in China regarding an unexpected slowdown in growth. Holmes goes on to describe what he feel sis a real problem in our current economy, the “fear trade”. If you want to get as many perspectives as possible during these crazy price movements, Frank Holmes’ insight makes this is a must-see interview.
Part of our continued coverage of the largest gold market crash in decades, we’re taking the conversation to social media to ask, “Stay or Sell?” Tweet your thoughts and current sentiment towards gold prices to @KitcoNewsNOW using the hashtag #GoldSOS — http://twitter.com/kitconewsnow
Kitco News, April 15, 2013.
2013-04-16 07:21:46
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