Why is Frank Holmes Positive on Commodities?
Commodity-TV host Jochen Staiger welcomes Frank Holmes to the program while in London for the Mines and Money show, and asks Frank’s opinion on what will happen with commodities like gold and oil in the coming year.
Frank shares how the two drivers of gold, the Love Trade and the Fear Trade, are still in full force. Although GDP per capita has been declining in emerging markets, gold is seen as the most valued gift for seasonal and cultural occasions in China and India.
As for oil, Frank points out that although prices are low, this is actually a huge benefit for consumers, and highlights several opportunities for investors.
Take a look at the full interview here.
For more of Frank Holmes’ insights on oil, check out this recent Frank Talk post, “Are Oil Prices Ready to Break out of the Trough?”
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. By clicking the link(s) above, you will be directed to a third-party website(s). U.S. Global Investors does not endorse all information supplied by this/these website(s) and is not responsible for its/their content.
Investing in real estate securities involves risks including the potential loss of principal resulting from changes in property value, interest rates, taxes and changes in regulatory requirements.
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 9/30/2014: Pandora, Tiffany & Co.