Gold Production and Supply Issues Loom
In this week’s Gold Game Film, Frank Holmes joins Alex Létourneau of Kitco News to discuss possible gold supply issues coming down the pipeline. From cuts in capital expenditure for exploration and development, to restrictive government policy changes in Latin American countries, to rampant unionization in Greece, gold miners are facing challenges that might very well result in a decline in gold production over the next five years.
To find out what implication these developments might have on gold, and why Frank has Turkey on the mind, watch the interview below!
Fund portfolios are actively managed, and 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 of U.S. Global Investors Funds as of 3/31/2015: AuRico Gold Inc., Alamos Gold Inc., Eldorado Gold Corp.
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