Frank Holmes Talks Gold with Porter Stansberry
Date Posted: January 8, 2014
Read time: 3 min
On Stansberry Radio, Frank Holmes discusses whether gold is near a bottom and talks about “one well-managed resource company” that he likes for 2014. Listen to the interview to see which stock Frank picks.
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According to Lipper, the Global Resources Fund (PSPFX) ranked 120 out of 151, 12 out of 103, and 25 out of 35 global natural resources funds by Lipper for total return for the 1-, 5- and 10-year periods as of December 31, 2013. The World Precious Minerals Fund was ranked 54 out of 72, 27 out of 56 and 31 out of 40 for total return among precious metals equity funds by Lipper for the 1-, 5- and 10-year periods ended December 31, 2013.
Lipper Fund Awards are presented annually for consistent return over 1-, 5- and 10-year periods. Consistent return incorporates risk-adjusted return and the strength of the fund’s performance trend. The top-scoring fund within each classification receives awards. Lipper’s Performance Achievement Certificates are awarded to funds with returns that topped their Lipper category over 1-, 5-, 10- and 15-year periods.
Lipper Fund Awards are presented annually for consistent return over 1-, 5- and 10-year periods. Consistent return incorporates risk-adjusted return and the strength of the fund’s performance trend. The top-scoring fund within each classification receives awards. Lipper’s Performance Achievement Certificates are awarded to funds with returns that topped their Lipper category over 1-, 5-, 10- and 15-year periods.
Foreign and emerging market investing involves special risks such as currency fluctuation and less public disclosure, as well as economic and political risk. Because the Global Resources Fund concentrates its investments in specific industries, the fund may be subject to greater risks and fluctuations than a portfolio representing a broader range of industries.
Gold, precious metals, and precious minerals funds may be susceptible to adverse economic, political or regulatory developments due to concentrating in a single theme. The prices of gold, precious metals, and precious minerals are subject to substantial price fluctuations over short periods of time and may be affected by unpredicted international monetary and political policies. We suggest investing no more than 5% to 10% of your portfolio in these sectors.
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