Signs It’s Time to Get Bullish on Gold
Date Posted: October 5, 2018
Read time: 1 min
Following the Denver Gold Forum, Daniela Cambone of Kitco News invited Frank Holmes, CEO and CIO of U.S. Global Investors, to discuss some of the highlights from the conference, including the impending Barrick-Randgold merger.
Following the Denver Gold Forum, Daniela Cambone of Kitco News invited Frank Holmes, CEO and CIO of U.S. Global Investors, to discuss some of the highlights from the conference, including the impending Barrick-Randgold merger. Rising merger and acquisition (M&A) activity is a positive sign for the yellow metal according to Frank. On the global stage, he also points to Poland increasing its gold reserves, India seeing an increase in gold demand and the Perth Mint launching a digital gold trading platform as reasons behind his bullish outlook.
For the full story, watch the interview below!
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All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.
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).
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 accounts managed by U.S. Global Investors as of (06/30/2018): Franco-Nevada Corp.
