Gold Extremely Oversold: Frank Holmes - Kitco News

Kitco News catches up with US Global Investors CEO Frank Holmes to talk about gold at the Metals & Minerals Investment Conference in San Francisco. Holmes' biggest message to investors at the conference is to be a contrarian. "I just came back from a trip in Asia...and it's so important to recognize what is taking place in these other parts of the world," he says. With regards to gold investments, Holmes says that he has always advocated an allocation 10% weighting in gold. "For the past 10 years, this model of taking the S&P at 90% and our gold funds at 10% and rebalancing each year, you are still up; you are still ahead in your overall fund performance and even with gold down for 2 years, so this model does work." Holmes also shares some key trends in jewelry demand in India and says that "the love for gold is not going away." Watch now to hear what he thinks may be the most bullish factor for the US dollar in the coming year and what range he is looking at for gold. Kitco News, November 25, 2013.

LBMA 2013 : Philip Newman Stands By Silver And Gold Forecasts - Kitco News

Kitco News' Daniela Cambone sits with Metals Focus' Philip Newman to talk about gold & silver and what he expects to see in the coming months. "We're bullish in the short term on silver but expect prices to weaken by Q4 and Q1 [2014]," Newman says. "There is still upside potential for gold and silver in the short term but we think the market sentiment is very challenging. The market is still unconvinced that there are legs left for gold to move higher." According to Newman, investors are disillusioned with the metals and he expects continued volatility and choppy markets for the next few months. Tune in now to our latest LBMA coverage. Kitco News, October 1, 2013.