DISCLAIMER: GOLDINVESTMENTCOMPANIES.COM IS AN AFFILIATED PARTNER FOR GOLDCO PRECIOUS METALS, AUGUSTA PRECIOUS METALS, AND BIRCH GOLD GROUP, PROMOTING THEIR GOLD IRA, GOLD 401K TRANSFER AND BITCOIN IRA SERVICES AND PRODUCTS.
This interview was filmed on May 10, 2022.
The gold price has tumbled since last week’s US Federal Reserve meeting, which saw the central bank raise rates by 50 basis points in an effort to combat inflation.
Frank Holmes, CEO and chief investment officer at US Global Investors, pointed out that the yellow metal’s decline is a buying opportunity.
“Buy the dip and hold on for dear life, as the crypto kids say — HODL,” he said.
#Investing #Gold #Bitcoin
0:00 – Intro
0:20 – Inflation still greatly understated
3:46 – Buy the dip in gold and HODL
4:46 – What’s happening to bitcoin?
7:45 – Impact of US dollar at 20 year high
11:12 – Will new traders be washed out?
13:05 – Is a recession in the cards?
14:59 – JETS and SEA ETFs
20:32 – Stay diversified, rebalance regularly
22:13 – Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.