Great video with Frank Holmes from U.S. Global Investors and his thoughts on gold, money supply increase and why he thinks gold price targets will surpass inflation adjusted prices. Here’s a quote taken from his video:
Money supply is on fire in the E-7 and G-7 — they’re just printing away…Unless money supply shrinks dramatically in the G-20 countries and interest rates rise dramatically in the G-20 countries, I think gold is going to go through its 1980 inflation-adjusted price levels.
Enjoy the video and visit his website: www.usfunds.com/investor-resources/frank-talk/
Source: www.usfunds.com/investor-resources/frank-talk/Gold/Money-Supply-on-Fire-Spreads-to-Gold-1786/
Have a great evening!