US Global Investors' Frank Holmes joins Kitco News to discuss gold prices as the market experiences the largest sell-off in 30 years. Holmes offers some perspective during these volatile and trying times in the gold market and discusses the series of domino-like contagions that led up to the crash, namely the Eurozone debt crisis, which Holmes says contributed to economic woes in China regarding an unexpected slowdown in growth. Holmes goes on to describe what he feel is a real problem in our current economy, the "fear trade". If you want to get as many perspectives as possible during these crazy price movements, Frank Holmes' insight makes this is a must-see interview.
Eric Coffin, editor of Hard Rock Advisories, describes what we can expect the economy to look like in 2013. He also mentions a few companies with strong management teams and promising projects.
Frank Holmes, CEO of San Antonio based U.S. Global Investors, appeared briefly on CNBC today to talk about gold’s recent pullback and probable reversal.
“Gold is extremely oversold over 10 years of data points. Gold is down two standard deviations. Mathematically it will rally,” Holmes says.
Marin Katusa, Chief Energy Investment Strategist for Casey Research, tells Proactiveinvestors that the Uranium market is a very attractive proposition for investors. He lists the factors that investors should consider when buying says, when investing, people should look first at the management team, then ask are they buying the investment? Then ask; can the company finance the asset and does it already have much debt?
Eric Coffin, Editor of HRA Advisories Newsletter, makes his case for the resource market at the 2013 Subscriber Investment Summit in Toronto before the PDAC.