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Wednesday, August 24, 2016
Frank Holmes Thinks These Gold Stocks Are Better Than Gold Right Now
Tuesday, February 17, 2015
Frank Holmes - If Greece Leaves The Euro, Gold Adds $200
Presidents’ Day has passed and gold is down as Kitco News welcomes Gold Game Film and Frank Holmes to sort through it all. Focusing on Greece, Holmes sees these talks between the Greeks and the European Union as rocking the boat of political instability, saying “now it’s a 50% probability they’ll leave the euro.” He expands by noting that the new government’s opposition to El Dorado’s gold mine brings to light a troubling socialist attitude. Should this instability lead to Greece abandoning the euro, Holmes sees it as a bullish sentiment for gold prices. Holmes also touches on the current currency wars and whether or not South Africa is still a mining giant in the metals space. Tune in now to find out what Frank’s Touchdown pass of the week is! Kitco News, February 17, 2015.
Sunday, January 18, 2015
Gold in Foreign Currencies is Going Parabolic - Frank Holmes
Saturday, February 8, 2014
Money and Wealth Show with Frank Holmes, John Rubino - February 8, 2014
Frank Holmes - Junior Gold and the Golden Cross.
John Rubino - Next major war will use computers to reek havoc on our economy.
Monday, November 25, 2013
Gold Extremely Oversold: Frank Holmes - Kitco News
Thursday, August 4, 2011
Gold Prices Hit a New Record today
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Thursday, January 13, 2011
Gold Stocks: Flops vs. Champs
Frank Holmes : ..."....look at gold stocks one of the key factors as un hedged. Two is -- the big cap mid cap small cap. And there's different value metrics. With -- try to look at them all and they were the key factors to better stock picking. Is rolled out of -- basis growth in production on a per share basis. And growth and reserves there's. Share basis many of these big companies have made acquisitions which are -- on a per share basis then their stocks underperform in a rising bull market. When I looked down the food chain I think the big opportunities where you can get small cap companies -- lots of reserves per share. They give you a call option now is that the positive. And that gives you huge leveraged to rising bull market the past year Chesapeake has -- one big big winner for us remarked quote says that the big discovery. You're seeing this growth and reserves per share. Is a driver of that success. Grand Colombia is a gold producer won the best performing gold -- with pastors and called hospitable....."
Thursday, September 30, 2010
Frank Holmes, How to Profit Off Record High Metal Prices
Wednesday, September 29, 2010
Frank Holmes Gold Absolutely Still a Buy: Metal Will Double in 5 Years
source : http://www.youtube.com/watch?v=q5FHrFXhuBs
Gold jumped back above $1300 per ounce Tuesday morning and "absolutely" has more upside ahead, according to Frank Holmes, CEO and CIO of U.S. Global Investors, which has about $2.6 billion of assets.
Despite all the hype about its multi-year rally, gold is actually lagging many other commodities in that it hasn't yet eclipsed its 1980 high on an inflation-adjusted basis, Holmes says, noting the same is true of silver.
"If we were to go through those 1980 [inflation-] adjusted prices, gold would be at $2300 per ounce today," he says, calling that a "fair" target for the metal.
There is no bubble" in gold, Holmes says, declaring "it's a pretty easy layup that gold can double" from here over the next 5 years.
Holmes, who co-manages U.S. Global's Gold & Precious Metals Fund and World Precious Minerals Fund, cites the following to justify his bullish outlook:
Growth in Global Money Supply: Government efforts to fight the credit crisis have included huge spending and debt guarantee programs, resulting in greater supply but less confidence in "paper money." (On Tuesday, the Dollar Index fell to its lowest level since early February as weak U.S. economic data point to more efforts by the Fed to "reflate" the economy via quantitative easing.)
Emerging Middle Class: The big difference between gold's current run and the bull market of the 1970's is the "economic footprint" of emerging market economies, most notably India and China, Holmes says. "Forty percent of the world's population believe in gold and give gold as gifts" -- and have the money to buy them in increasing numbers.
The Big Dumb Money: "All the pension funds, all the endowment [funds] aren't running into gold...yet," Holmes says, noting those investors "piled into" tech in 2000 and private equity funds in 2006. Meanwhile, European Central Banks have dramatically slowed their gold sales and could become buyers in the years ahead.
Alchemy vs. Reality: Gold skeptics often note that almost every ounce of gold ever mined remains in existence. That may be true, but Holmes says new supply is on the wane, suggesting it's "easier to invent a new technology" than find a 10 million ounce deposit. And if you were to discover such a bonanza, you'd have to incur huge infrastructure costs and meet rising regulatory hurdles to get the 'yellow metal' out of the ground.
Of course, you should question anything that looks like a "can't lose" investment - and bulls say gold wins whether the economy is hit by deflation or inflation. But gold has defied its skeptics for a decade and shows no sign of letting up now.