Categories: General Market Commentary / Precious Metals
Topics: General Market Commentary / General Precious Metals

Frank Holmes: There's a "High Probability" of US$4,000 Gold

As money printing accelerates globally, gold's chances of surpassing its old high are rising. 

"With all this money printing it looks like gold could easily surge," Frank Holmes of US Global Investors told the Investing News Network. 

"We forget what happened to palladium in 2018/2019, in particular 2019 — out of nowhere it went from US$1,000 (per ounce) to US$2,700. Why can't that happen again to gold? It's very feasible, and you don't have a war, you just have this new money printing."