Peak Gold Triggers Flows Into Gold Stocks – Frank Holmes

Peak Gold Triggers Flows Into Gold Stocks – Frank Holmes
Investment capital is flowing into gold stocks and Frank Holmes, CEO of U.S. Investors, said that this may be due to peak gold.

“What we’re witnessing now is [money] going into gold stock ETFs,” Holmes told Kitco News.

Holmes said that there is currently no breakthrough technology like there was for fracking in the mining industry, so gold production is likely to continue to plateau and eventually decline, according to the theory of peak gold.

He added that investors are likely to see gold stocks move up as more capital continues to flow in, which is usually a precursor to the bullion rallying.

_________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
Google+: https://plus.google.com/u/0/116266490328854474588
StockTwits – https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/

Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

Peak Gold Triggers Flows Into Gold Stocks – Frank Holmes

3 thoughts on “Peak Gold Triggers Flows Into Gold Stocks – Frank Holmes”

  1. Gold and Silver miners and investors are being played by the Banks.Paper rules over metals.

Comments are closed.