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Please note: The Frank Talk articles listed below contain historical material. The data provided was current at the time of publication. For current information regarding any of the funds mentioned in these presentations, please visit the appropriate fund performance page.

How China Uses Gold for Protection

October 23, 2019

Since December 2018, China has purchased over 100 tons of gold after not buying any for several years, according to its central bank data. Frank Holmes says this is a way for China to protect the value and credibility of its paper currency during the geopolitical turmoil of the ongoing trade war with the U.S. Frank adds that central bank demand is positive for the yellow metal and other catalysts such as negative yielding bonds could drive prices higher.

For Frank’s full thoughts, watch the video below!

Frank Talk Live features U.S. Global Investors’ CEO and Chief Investment Officer Frank Holmes as he dives into a new investment topic, from gold mining and global resources to digital currencies and emerging markets. Tune in weekly for updates on these key financial markets.

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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.

Standard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is also known as historical volatility.

Net Asset Value
as of 07/01/2020

Global Resources Fund PSPFX $4.16 No Change Gold and Precious Metals Fund USERX $11.49 0.02 World Precious Minerals Fund UNWPX $4.01 0.01 China Region Fund USCOX $8.78 0.03 Emerging Europe Fund EUROX $5.70 0.01 All American Equity Fund GBTFX $22.32 0.03 Global Luxury Goods Fund MEGAX $15.16 -0.05 Near-Term Tax Free Fund NEARX $2.24 No Change U.S. Government Securities Ultra-Short Bond Fund UGSDX $2.00 No Change