Share this page with your friends:

Print

Please note: The Frank Talk articles listed below contain historical material. The data provided was current at the time of publication. For current information regarding any of the funds mentioned in these presentations, please visit the appropriate fund performance page.

Based on Math Gold Is Set to Rally

July 19, 2018

Everything is hot! It’s hot in Texas, we have hot interest rates rising and hot geopolitics, but gold is cool. Frank Holmes explains how gold stocks compared to the S&P 500 on a ratio basis are at a huge discount. When looking at the price from a mathematical standpoint, gold is due for mean reversion, as it is currently down two standard deviations. Historically, in the following three months after being down two standard deviations, gold has rallied 77 percent of the time.

For Frank’s full explanation, watch the video below!

Frank Talk Live features U.S. Global Investors’ CEO and Chief Investment Officer Frank Holmes as he dives into a new investment topic, from gold mining and global resources to digital currencies and emerging markets. Tune in weekly for updates on these key financial markets.

Want more market insights from Frank Holmes? Subscribe to his award-winning CEO blog Frank Talk by clicking here.

 

All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.

Standard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is also known as historical volatility.

The S&P 500 Stock Index is a widely recognized capitalization-weighted index of 500 common stock prices in U.S. companies.

Net Asset Value
as of 08/13/2018

Global Resources Fund PSPFX $5.53 -0.06 Gold and Precious Metals Fund USERX $7.01 -0.21 World Precious Minerals Fund UNWPX $3.54 -0.12 China Region Fund USCOX $9.70 -0.26 Emerging Europe Fund EUROX $6.15 -0.08 All American Equity Fund GBTFX $25.99 -0.11 Holmes Macro Trends Fund MEGAX $19.83 -0.16 Near-Term Tax Free Fund NEARX $2.20 No Change U.S. Government Securities Ultra-Short Bond Fund UGSDX $2.00 No Change