How to Play the Gold Rally
Date Posted: May 2, 2016
Read time: 2 min
Paul Bagnall, host of Business News Network (BNN), welcomes Frank Holmes to the program to discuss gold’s rally to a 15-month high following the Federal Reserve’s signal that it would be slow to raise interest rates this year.
Paul Bagnall, host of Business News Network (BNN), welcomes Frank Holmes to the program to discuss gold’s rally to a 15-month high following the Federal Reserve’s signal that it would be slow to raise interest rates this year. Frank says that short-term, gold is due for a correction. He explains that the rally is real, but says historical seasonal patterns show the yellow metal is likely to retreat as we head further into the summer months.
So how does Frank think investors should play this spectacular run in gold we’re currently witnessing?
Watch the full interview here to find out!
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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 03/31/2016: Barrick Gold Corp, Franco-Nevada Corp, RoyalGold Corp, Silver Wheaton Corp, Klondex Mines Ltd, Endeavor Mining.
