Frank Holmes: Follow Real Interest Rates
During the 2017 Vancouver Resource Investment Conference, Frank Holmes spoke with Investing News Network on what trends he sees moving the gold price this year.
During the 2017 Vancouver Resource Investment Conference, Frank Holmes spoke with Investing News Network on what trends he sees moving the gold price this year. Frank says despite the chatter around President Donald Trump and what his policies could mean for the yellow metal, investors should remain focused on real interest rates. Historically, the price of gold and real interest rates have had an inverse relationship, he explains.
Frank goes on to discuss what he looks for in superior gold mining companies and the other catalysts he has his eye on this year. Watch the replay of the full interview below!
All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.
Past performance does not guarantee future results. 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 Consumer Price Index (CPI) is one of the most widely recognized price measures for tracking the price of a market basket of goods and services purchased by individuals. The weights of components are based on consumer spending patterns.
G&A, or SG&A, stands for “selling, general and administrative expenses” and refers to the daily operational costs of running a company that are not related to making a product. G&A-to-revenue is the ratio between the aforementioned factor and a company’s income.
Cash flow return on invested capital is a calculation used to assess a company’s efficiency at allocating the capital under its control to profitable investments. Return on invested capital gives a sense of how well a company is using its money to generate returns.
Holdings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the article were held by one or more accounts managed by U.S. Global Investors as of 12/31/2016: Leagold Mining Corp.