U.S. Global Investors [www.usfunds.com]

Is Gold Due for a Rally?

Daniela Cambone of Kitco News welcomes Frank Holmes to this week’s episode of Gold Game Film. Frank shares his thoughts on the 13-year low in commodities and how it relates to the extreme drop in the Chinese stock market. The slowdown in China’s flash purchasing managers’ index (PMI) also is contributing to the market’s negativity on gold.

Tune in to see how Frank thinks low gold prices will affect the gold mining companies and why gold may be due for a rally.

 

 

How has gold performed so far in 2015Read more about Frank’s expectations for the gold market in the latest Investor Alert!

 

Past performance does not guarantee future results. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. This news release may include certain “forward-looking statements” including statements relating to revenues, expenses, and expectations regarding market conditions. These statements involve certain risks and uncertainties. There can be no assurance that such statements will prove accurate and actual results and future events could differ materially from those anticipated in such statements.

The Bloomberg Commodity Index is made up of 22 exchange-traded futures on physical commodities. The index represents 20 commodities, which are weighted to account for economic significance and market liquidity. The HSBC Flash China Manufacturing PMI is published a week ahead of the final HSBC China PMI every month. It analyzes 85-90 percent of the responses to the Final PMI from purchasing executives in more than 400 small, medium and large manufacturers, both state-owned and private enterprises.

Fund portfolios are actively managed, and holdings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the interview were held by one or more of U.S. Global Investors Funds as of 6/30/2015: AngloGold, Barrick Gold Corp., SilverCrest Mines Inc.