Frank Holmes on Gold, Copper and Lithium

Author: Frank Holmes
Date Posted: June 7, 2017 Read time: 1 min

During this year’s International Metal Writers Conference in Vancouver, Priscilla Barrera of Investing News Network chats with Frank Holmes about trends he is seeing in the commodity space.

During this year’s International Metal Writers Conference in Vancouver, Priscilla Barrera of Investing News Network chats with Frank Holmes about trends he is seeing in the commodity space. One of the topics they cover is the junior mining space specifically, and Priscilla wants to know if Frank has advice for investors looking to get into this area of the market.

Frank says, “Well, you have to do your homework. There is no doubt that you really have to be conscientious of the people behind the project.” He adds that there are definitely a lot of opportunities out there, while reminding viewers that he has always advocated a 10-percent portfolio weighting to gold, while rebalancing annually. Frank continues by noting two other commodities that he has his eye on for the remainder of 2017: copper and lithium.

For the full discussion and to hear what companies Frank likes right now, watch 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 03/31/2017: Gran Colombia Gold Corp, Klondex Mines Ltd, VanEck Vectors Junior Gold Miners ETF (GDXJ).

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.