History Says Gold Is Due For a Rebound
Frank Holmes sat down with Anthony Regan on Small Cap Power to discuss the latest news in the bullion market. Frank says history suggests that the yellow metal could rebound soon due to mean reversion.
Frank Holmes sat down with Anthony Regan on Small Cap Power to discuss the latest news in the bullion market. Although a stronger U.S. dollar has contributed to low gold prices so far this year, Frank says history suggests that the yellow metal could rebound soon due to mean reversion. Currently gold is down nearly two standard deviations from its mean. He also explains how we’ve reached peak gold supply and why royalty companies are his top pick in the space right now.
For the full story, watch the interview below!
Want more market insights from Frank Holmes? Subscribe to his award-winning CEO blog Frank Talk by clicking here.
All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.
The S&P 500 Stock Index is a widely recognized capitalization-weighted index of 500 common stock prices in U.S. companies.
Standard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is also known as historical volatility.
A basis point, or bp, is a common unit of measure for interest rates and other percentages in finance. One basis point is equal to 1/100th of 1%, or 0.01% (0.0001).
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 article were held by one or more of U.S. Global Investors Funds as of 06/30/2018: Ivanhoe Mines Ltd, Franco-Nevada Corp, Newmont Mining Corp.