MAR 10, 2017
ORIGINAL SOURCE: What Drives the Price of Gold? by Frank Holmes of usfunds.com on 3/9/2017
Frank Holmes of U.S. Global Investors gives us the 5 driving factors that are behind the price of gold.
1. The Love Trade in China and India
2. Central Bank Policy
3. Growth in World Money Supply
4. Lack of New Discoveries in Gold Mining
5. Low or Negative Real Interest Rates
Please watch the video on how it all comes together here; What Drives the Price of Gold?