Frank Holmes, CEO of U.S. Global Investors and Executive Chairman of HIVE Blockchain, discusses his outlook on the Federal Reserve’s monetary policy, as well where the gold price is headed.
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Follow Frank Holmes on Twitter: @bulldogholmes (
Watch Part 2 of this interview on Celsius operating like a “Ponzi”:
0:00 – Are millennials to blame for inflation?
6:15 – Stocks and Fed rate hikes
10:35 – PMI
12:00 – World will press “panic button”
15:28 – Fed pivot
18:48 – Strong USD
20:30 – Gold price forecast
#gold #Bitcoin #federalreserve
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34 Comments
PMI is now below 50. Panic button for thanks giving weeks away!
October, trick or treat.
In a fair and just world, Trudeau voters would soon be homeless and starving.
USA is in no way more stable than Russia. The rest of world is yet to figure this out.
Mr Lin – please note: Lee Oswald did not fire a shot the day JFK was assassinated. The paraffin tests proved that. And there was much other evidence. He was CIA. See worked at Atsugi airbase which was KNOWN to be CIA.
That's nice, don't care
Bitcoin, cryptocurrency mania is dead!!
It is NOT the Millennial generation causing inflation.
We know oswald was a patsy who couldn’t make that shot, bro
Baseball cap and T-shirt in combination with suit jacket, this guy is genius. He´s wide awake and has good critical skills.
Missing the 4th industrial revolution and the great reset, these are wanted effects of planned regulations: you will own nothing and be happy…, higher interest rates will cause many to lose their homes, inflation is the silent transfer from private hands to governments. Book: Build Back Better, bitcoin and the ultimate fight for freedom
Just because Frank brought up 'Justin'flation, this video earned itself a like.
David Lin is one of the best news journalists of our day. No question.
The swamp killed JFK!
Who Killed JFK ??? Not LHO. Magic bullet.
SUCCESS.activasion.
Go long physical copper , silver & gold. fruit trees in your yard vegatables on the patio chickens in yard propane or natural gas buried in yard wel with filtration for drinking lead high powered lead throwers canned food tools good cheap to fix auto suv or truck gas/diesel and a good fence with no treaspassing signs. Emergency cash
Stocks, crypto, nfts run for the hills unless you know how to trade the swings
9:55 This is pure "bull" remember everybody working their jazz off during lockdown, or simply being unemployed. The rest of the video… amen, all facts. Also, before gold fires up, we must first see consequences of human mistakes blow up in our faces, and the attempts to fix them (with money printing or repression) fail.
sneed!
The US is the best looking house in a bad neighbourhood
Does Blackrock have to get mortgages to buy up single family houses? I didn’t think so
California is our poster child for green regulations that are throttling the economy. Sort of like “The operation was a success even though the patient died”
Came to see the red Dino!
Blaming millenials? WTF? This guy's all over the place.
I agree with Frank Holmes, CEO. I would add that the biggest debtor in the USA is the Federal Government. Unlike the 1970s, where the Federal government did not have much national debt, the Federal reserve could raise interests to the sky! Now the US Federal Government is carrying 30 Trillions in Debt. Now if the Federal reserve increases interest rates to slow down the economy and curb borrowing, the present economic dilemma is how high the Federal Reserve will raise interests verses how much of the Federal Budget can be spent on paying interest on the national debt. The big question becomes, Does, the government start defaulting on bonds or does the government allow inflation to weaken the economic status of all Americans. I am betting on the latter.
👍👍
Sounds like the federal reserve is a psychological unit of the government
Does this mean more government cocaine for the Las Vegas style stock market or less. ???
They are blaming the millenials now for inflation… it is a f'ing shame!!!… they doubled the amount of money in the system between 2020 and now. And it has been multiplied by 6 since the crash of 2008. How dare the criminals of media, politics and financial industry blame the kids for this!!!!
To attribute the inflation to the spending by the millennial is so irresponsible by any half baked academics. Ppl of rhe millennial don't overspend on 2by4s, on plywood boards, they can't even afford rhe down-payment in condos!
I don't expect those millennials even have any money.
3 reasons why gold is dropping before we go to the moon soon! #1 The big Gold find in Africa, #2 Russia selling Gold to India, then India selling on the market to help pay for the special operations to stop all the 46 biological weapons labs in Ukraine, and #3 banks and hedge funds selling their gold while it's at a high price and because they are massively over leveraged, why they had to liquidate all their cryptos! But Gold will be going to a world currency for trade reasons so expect Gold to go to INSAME high prices here within the next 4-5 years GARANTEED! Gold bearing ground is rarer and rarer folks!!! Space gold is a looooong ways away!!! Even then space gold will have its own value lol
I dont agree with the fact that he thinks Putin is trying to centralize. He should listen to his last speech where he explains that he wants to move from the unipolar world of EU and US to a multipolar world which is in favour of independent countries….like the BRICS……this reason is the fact that US is trying to get rid of him, but the neocons cannot stop the defeat of Ukraine, and the declining hegemony and de-dollarization.
Never believe the fed cares at all about their performance. Powell is a multi millionaire (net worth about 45m). He is a political lackey and nothing more. The fed won’t pivot until inflation decreases significantly