A Wild Ride in the Metals Market

Author: USGI
Date Posted: December 2, 2014 Read time: 2 min

On this week’s episode of Gold Game Film with Frank Holmes, Daniela Cambone of Kitco News wants to know Frank’s opinion on the numerous headlines moving the precious metal over the last week.

The Swiss voting down the “Save Our Gold” initiative by a whopping 76 percent, along with India removing its restrictions on gold imports into the country, are just a few examples of what recently took place in the gold market. Frank shares his thoughts on how these market movers are affecting gold demand, and lets viewers know where he is eyeing opportunities in the mining sector, starting with royalty companies like Randgold and Goldcorp.

Tune in to the full replay to see Frank’s touchdown pass of the week!

 

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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 09/30/2014: Goldcorp Inc., Klondex Mines Ltd., Randgold Resources Ltd.