Fed Doesn’t Need To Raise Rates Yet – Frank Holmes | Kitco News

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Super Bowl week starts off with Frank Holmes setting up the week for the yellow metal on this edition of Gold Game Film. Touching on volatility with gold prices, Holmes says that a run up of $300 over the next 12 months would be significant. “I think when we look back a month ago to where gold is today, it’s just normal DNA of volatility. But what’s driving it are the uncertainties of the euro, and negative real interest rates.” Holmes also notes that he saw a shift in sentiment for gold at the turn of the year. “I think sentiment changed in the first week of January when you saw gold, and all the gold stocks, breakthrough their 50-day moving average.” Tune in now to get up to speed on Frank’s opportunities and threats as he throws this week’s touchdown pass. Kitco News, January 26, 2015.

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