Frank Holmes: Gold's "Perfect Scenario," Bitcoin Outlook After US$100,000 Milestone
Speaking to the Investing News Network, Frank Holmes, CEO and chief investment officer at US Global Investors (NASDAQ:GROW), discussed his outlook for gold in 2025, saying he sees price drivers aligning perfectly.
He also expects a better performance for gold stocks in the coming year, saying they will ultimately follow gold higher.
"I think gold stocks are deeply undervalued, and I think they'll hit that reset button," Holmes said.
"As gold trades higher, we will get that three-for-one return. Gold goes up 1 percent, gold stocks with free cashflow yield or a growth dynamic — they're going to go up 3 percent," he added.
Aside from that, Holmes weighed in on how the incoming Trump administration could streamline regulations and boost the US mining sector, and shared his thoughts on the outlook for Bitcoin after its run past the US$100,000 level.
Watch the interview above for more from Holmes on gold and Bitcoin, as well as other topics.
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: 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.
