Bitcoin & Gold: What Competition?
For some investors, gold prices fallen short of expectations, prompting others to blame cryptocurrencies such as bitcoin.
For some investors, gold prices fallen short of expectations, prompting others to blame cryptocurrencies such as bitcoin. At the Silver & Gold Summit in San Francisco, Frank Holmes met up with Daniela Cambone of Kitco News to discuss why he doesn’t believe bitcoin is to blame. Watch the interview here!
For the full conversation, tune in to the replay below!
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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 accounts managed by U.S. Global Investors as of September 30, 2017: Newmont Mining Corp, Continental Gold Inc, Gran Colombia Gold Corp, Trex Co Inc, and Leagold Mining Corp.
Diversification does not protect an investor from market risks and does not assure a profit. Free Cash Flow (FCF) represents the cash that a company is able to generate after laying out the money required to maintain or expand its asset base.