| Kitco News speaks with US Global Investors’ CEO Frank Holmes about gold’s price movements last week and where he expects the yellow metal is headed. “Now with gold going above the 200-day, there’s a sentiment of relief and it is positive,” he says.
However, Holmes says that this does not mean investors are ‘runaway bullish’ on gold just yet. Holmes is optimistic about gold’s direction, stating that one of the major headwinds for the metal last year will probably soften in 2014...............................................Full Article: Source
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