Is it Time to be Bullish on Commodities?
Date Posted: March 13, 2019
Read time: 1 min
At one of the largest mining conferences in the world, the Prospectors & Developers Association of Canada (PDAC) Convention in Toronto, Frank Holmes spoke with Jochen Staiger on Commodity TV.
At one of the largest mining conferences in the world, the Prospectors & Developers Association of Canada (PDAC) Convention in Toronto, Frank Holmes spoke with Jochen Staiger on Commodity TV. The two discuss positive PMI readings and what that could mean for commodities. Frank shares some of his favorite companies to invest in right now, including CopperBank and Gran Colombia, and gives his forecast for copper, uranium and palladium prices.
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.
Frank Holmes has been appointed chairman of the Board of Directors of GoldSpot Discoveries. U.S. Global Investors owns shares of GoldSpot.
Frank Holmes has been appointed non-executive chairman of the Board of Directors of HIVE Blockchain Technologies. Both Mr. Holmes and U.S. Global Investors own shares of HIVE, directly and indirectly. Effective 8/31/2018, Frank Holmes serves as the interim executive chairman of HIVE.
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 (12/31/2018): Gran Colombia Gold Corp, CopperBank Resources Corp, Glencore PLC.
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.
