Could an Upward Trend be on the Commodities Horizon?

Author: Frank Holmes
Date Posted: February 28, 2014 Read time: 2 min

Palisade Radio’s Collin Kettell speaks with Frank Holmes on developments surrounding the S&P/TSX Venture Composite Index, which Frank says is poised for a sustained rally. Noting both positive manufacturing data and increased gold demand in China, hear what other developments he attributes to the possible continued upturn.

Listen to the interview here where Frank touches on gold’s recent movements along with what companies he has his eye on.

 

For further gold insights:

 

The Purchasing Manager’s Index is an indicator of the economic health of the manufacturing sector. The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment. The S&P/TSX Venture Composite Index is a broad market indicator for the Canadian venture capital market. The index is market capitalization weighted and, at its inception, included 531 companies. A quarterly revision process is used to remove companies that comprise less than 0.05% of the weight of the index, and add companies whose weight, when included, will be greater than 0.05% of the index. The Dow Jones Industrial Average is a price-weighted average of 30 blue chip stocks that are generally leaders in their industry.

All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. By clicking the link above, you will be directed to a third-party website. U.S. Global Investors does not endorse all information supplied by this website and is not responsible for its content. The following securities mentioned in the interview were held by one or more of U.S. Global Investors Funds as of 12/31/13: Comstock Mining Inc, Franco-Nevada Corp, Gran Columbia Gold Corp, Royal Gold Inc, Silver Wheaton Corp.