Free Republic

These are good times for gold investors, according Frank Holmes, Chief Investment Officer for U.S. Global Investors. In a recent webcast, Holmes told listeners: “We have a unique situation where all critical drivers for gold are pointing in the same direction.” Holmes identified six key drivers and talked about why they are all pointing to higher gold prices. ”There are many components here that are driving gold, and they sort of rotate around,” says Holmes. “It’s not linear.” Currently, we are in a secular bull market in commodities because gold is the ultimate money, says Holmes, and because demand is...