What Precious Metals Investors Should Know Now
Hannah Bernard, host of Market One Minute, welcomes Frank Holmes to the program to discuss what he believes precious metals investors should know right now, along with why he sees royalty companies as a good way to gain gold exposure. Frank also explains gold’s “DNA of volatility,” and why this is one of the most important things to understand about the yellow metal’s price action. “It is a non-event for gold to go plus or minus 20 percent over any rolling 12 month period,” he says.
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The Consumer Price Index (CPI) is one of the most widely recognized price measures for tracking the price of a market basket of goods and services purchased by individuals. The weights of components are based on consumer spending patterns.
The price-to-book ratio (P/B Ratio) is a ratio used to compare a stock’s market value to its book value. It is calculated by dividing the current closing price of the stock by the latest quarter’s book value per share.
The Purchasing Manager’s Index is an indicator of the economic health of the manufacturing sector. The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.
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 12/31/2016: Franco-Nevada Corp, Royal Gold Inc., Sandstorm Gold Ltd, Silver Wheaton Corp.