By Frank Holmes, CEO and Chief Investment Officer at US Global Investors
Frank Holmes believes that gold soaring to $10,000 an ounce wouldn’t be crazy. Why could the metal go that high without significant political turmoil? Frank says it would be due to the abuse of printing money and the growing amount of negative-yielding debt globally. Gold is also driven by strong seasonal demand out of India during Diwali and wedding season.
For Frank’s full thoughts, watch the video below! You can also hear Frank give a presentation on Sunday October 27 at the Cambridge House Silver & Gold Summit in San Francisco.
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All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.
Standard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is also known as historical volatility.