Australia  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Investors Need To Add More Gold to Their Portfolios, Here's Why

Video Credit: The Street - Duration: 07:48s - Published < > Embed
Investors Need To Add More Gold to Their Portfolios, Here's Why

Investors Need To Add More Gold to Their Portfolios, Here's Why

Although gold prices have seen a slump recently, investors should not take this is as a bearish sign and instead, consider adding more of the yellow metal to their portfolio, this according to Frank Holmes, CEO of U.S. Global Investors.

Holmes noted that gold stocks and gold bullion are currently underweighted in investors' portfolios.

"When you look at Canada, and you look at the index and percentage of gold stocks, they're extremely underweighted," he said.

On the U.S. dollar, Holmes said that central bank's printing of money may cause a shortage of the world's largest currency.

"Pulling money out of U.S. banks has global ramifications of hurting the world.

So there's actually a shortage of dollars," he said, adding that a shortage would cause the dollar to rise.

Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below

0
shares
ShareTweetSavePostSend
 

You Might Like


Tweets about this

KevinMurphy77

Kevin Murphy --- told investors to prepare for more changes at the top of the world’s largest commodity trader, --- DO I NEED T… https://t.co/YYra4dOG06 23 hours ago

gassin123Charts

Gassin123Charts RT @Christophe_Qld: Finally joined you on $ARN today mate. Maybe a few stale holders just needed cleaning up. I think investors need to loo… 6 days ago

bostonfrankg

Franklin Gold More examples of why we need a cabinet-level Secretary of Digital. https://t.co/UHepgbqlHC #regulation… https://t.co/dDTGisoEc8 1 week ago


Recent related videos from verified sources

Why Thanksgiving Week May Be a Good Time to Keep an Eye on the Markets [Video]Why Thanksgiving Week May Be a Good Time to Keep an Eye on the Markets

It's almost Thanksgiving! So, what does that mean for investors? Should they put down their phones and stop checking their portfolios since volume is historically slow during the week of Turkey Day?..

Credit: The Street     Duration: 00:49Published

2020 Will See Gold Prices Soar to New Heights [Video]2020 Will See Gold Prices Soar to New Heights

From a macroeconomic perspective, several of the longer-term problems that would be bullish for gold will likely manifest in 2020, including a recession and an escalation of the trade wars tensions..

Credit: The Street     Duration: 06:46Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.