Frank Holmes says the marketplace is concerned about deflation. "The great fear is not inflation but deflation," he says. "And that’s causing, all of a sudden, gold to rally because governments will respond with excessive printing of money." Holmes also looks at the mining sector and says the strong dollar is actually helping foreign gold companies' margins. He says that gold companies working in "countries where commodities are produced and which are experiencing a declining currency value versus the dollar" are expanding margins. He adds that margin expansions are critical for these gold stocks to have a sustainable rally. (1/12/15)
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