Investing in “The Three Amigos”
Date Posted: June 16, 2015
Read time: 2 min
During this year’s Canadian Investor Conference in Vancouver, Frank Holmes sits down with Vanessa Collette, host of Cambridge House Live, to talk resources and commodities. Frank explains to Vanessa that during his recent travels to Singapore and Europe he learned that approximately $1 trillion was spent in mining over the last 14 years. He also notes the numerous opportunities and deals he saw taking place while traveling around the globe.
During this year’s Canadian Investor Conference in Vancouver, Frank Holmes sits down with Vanessa Collette, host of Cambridge House Live, to talk resources and commodities. Frank explains to Vanessa that during his recent travels to Singapore and Europe he learned that approximately $1 trillion was spent in mining over the last 14 years. He also notes the numerous opportunities and deals he saw taking place while traveling around the globe.
In addition, Frank discusses why he sees superiority in the royalty model throughout the precious metals space, specifying his three favorite royalty names, or the “three amigos”: Franco-Nevada, Silver Wheaton and Royal Gold. Tune in to the full interview below to see why Frank says these are “beautiful companies.”
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 03/31/2015: Franco-Nevada Corp, Royal Gold Inc., Silver Wheaton Corp.
Past performance does not guarantee future results. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. This news release may include certain “forward-looking statements” including statements relating to revenues, expenses, and expectations regarding market conditions. These statements involve certain risks and uncertainties. There can be no assurance that such statements will prove accurate and actual results and future events could differ materially from those anticipated in such statements.
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The J.P. Morgan Global Purchasing Manager’s Index is an indicator of the economic health of the global manufacturing sector. The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.
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The S&P 500 Stock Index is a widely recognized capitalization-weighted index of 500 common stock prices in U.S. companies.
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