Frank Holmes Reflects on 2018

Frank Holmes, CEO and chief investment officer of U.S. Global Investors, spoke with Streetwise Reports to reflect on the lessons he learned in 2018 and to look ahead at what might be in store for 2019. One macroeconomic trend Frank believes might carry into the new year is the falling global purchasing manager’s index (PMI), which has contributed to lower commodity prices. However, Frank remains bullish on commodities, such as copper, due to growing global demand and a possible U.S.-China trade war resolution. In terms of precious metals, Frank is rooting for higher gold prices on the heels of increased mergers and acquisitions.

For Frank’s full recap of 2018 and predictions for 2019, read the interview here or by clicking below. watch the replay here!

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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.

Frank Holmes has been appointed non-executive chairman of the Board of Directors of HIVE Blockchain Technologies. Both Mr. Holmes and U.S. Global Investors own shares of HIVE, directly and indirectly. Investing in crypto-coins or tokens is HIGHLY SPECULATIVE and the market is largely unregulated.

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 9/30/2018: Mene Inc.