“Bad News Is Good News For Gold” – Frank Holmes
from Kitco News Kitco News kicks off the new year with none other than Frank Holmes as investors shake off the holiday hangover and roll into work Monday. Starting out, Holmes frames gold as one of the top performing currencies in 2014 if you look at the commodity as a currency. “Gold was the second best performing currency – when you make gold as money – in the world last year. Number one was the U.S. dollar,” Holmes says. “When you converted (gold) into these other country’s currencies, gold was spectacular.” Holmes touches on Goldman Sachs’ dovish comments on gold recently before diving into opportunities and threats for the yellow metal. Tune in now to see where gold’s touchdown pass is headed this week.