Major Correction Looms for Stocks While Gold Price Will Easily Rise 20% | Frank Holmes
The winter 'Melt-Up' in stocks has many investors thinking we are in a for a great 2021, however, there are a few significant reasons we may not continue to see stock market euphoria in 2021, this according to the latest research report from Goldman Sachs.
Daniela Cambone speaks with Frank Holmes, CEO of US Global Investors about the findings.
“The G20’s quick solution is to print money and that’s why I feel gold and bitcoin will do well. The other question is, will the Biden administration raise taxes? If that happens then the market will go through a big correction," Holmes said in the interview, part of our Outlook 2021 series.
Be sure to check out Daniela's interview with Frank about the best sectors for your money right now: https://youtu.be/DTISDkpYuGs
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I’m all in on gold silver / gold silver stocks
I know they say we shouldn’t be so concentrated, but I am confident. The US and the rest of the world is a financial/social train wreck.
You might want to consider a percentage of that in physical in your control. All the best
I really hate gold/sliver stocks because they can be effect by the overall market. You want physical gold
@Mike Mancini Talking about stocks i believe its refered to as miners. So cannot be comparable with physical gold.
im all in on bitcoin mining stock mara riot hive
Thank u for bringing such intellectual content
Silver/Digibyte : all in .
You have countries like Japan printing money like there’s no tomorrow. And what are they doing dead by an equities. And I’m sure Japan is not the only one doing that. There’s a mania like the tulip mania.
Daniela looks hot today .. !!!
@Tom Story I think she needs to go with something a little more …low cut if you ask me. LOL
Dunno about that, Gold goes up only when the markets goes up. The pattern changed
Well all assets goes up with stimulus package. The question is which growth will be sustained and which will be the ultimate winner
“The market can stay irrational longer than you can stay solvent.” Because corrupt Congress just keeps changing the rules.
As the dollar is a fiat currency, Bitcoin is a fiat commodity.
Only reason anyone is excited about the price of gold (and bitcoin for a matcher of fact) is because these assets let you buy more fiat.
Well put! 😎
@DarthDNA many in both camps believe theirs will become the global standard and as such no conversion is necessary.
@DarthDNA yes, as that FIAT plummets in value. You make a good point though, if everything in world doubles in price inc gold/bitcoin you have just kept parity but you still did better than holding FIAT
@DarthDNA True but the point is gold/PMs are a proven (over thousands of years) insurance against fiat devaluation.
Cryptos (Bitcoin etc) are yet to be proven over the long term.
I thought daniella was wearing a hooters shirt when I first saw the thumbnail
@PennyPinchinPrepper But there’s no nudes of her online, so how do you KNOW?
@Elliot James DARK WEB
@PennyPinchinPrepper How can a person even ACCESS the dark web?
@Elliot James can’t talk about it
@Elliot James If everyone knew it wouldn’t be the “dark” web.
Daniela= pure gold
HAPPY NEW YEAR EVERYONE !!!
Your content and interviews are top notch.
Thank you Daniella for your great work.
The way you hold interviews, are always an enrichment for me.
I wish you and your’s, a happy new year…
Not with Republicans and Democrats running this bus off the road. Dow to infinity. Dollar to zero.
Exchange your fiat, stimulus, monopoly money for hard assets. It’s that simple.
Always astonished to see wealthy people crying over having to pay taxes. Someone has to pay for this stimulus. You’d think having less wealthy people actually BUY cars instead of rich people investing into car companies is a no-brainer to get out of this mess. I’m glad to do my part, even if I have to endure the indescribable hardship of one less painting or watch.
Kevin O’Leary likes psilocybin stocks too. Lol 😂
Daniela you rock! You strike me as lovely lady, with a heart, and you do your interviews well and your way – thank you. Congrats on the addition to your family! I know that joyous feeling well. Hoping you and Stansberry Research have a great 2021!!
So many good names in the space, short and concise interviews. Great stuff.