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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.

Industry Consolidation Could See Gold Rise

October 4, 2018

After six straight months of losses, gold could finally have found a bottom. A strong U.S. dollar and interest rate hikes have kept the price of the precious metal down so far this year and hovering around $1,200 an ounce. However, Frank Holmes believes that the yellow metal could be on the rise due to increased merger and acquisition activity, such as mining giants Barrick Gold and Randgold Resources teaming up, which is a telltale sign of an industry finding a bottom.

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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.

Holdings may change daily. Holdings are reported as of the most recent quarter-end. None of the securities mentioned in the article were held by any accounts managed by U.S. Global Investors as of 6/30/2018.

Net Asset Value
as of 12/14/2018

Global Resources Fund PSPFX $4.53 -0.09 Gold and Precious Metals Fund USERX $6.37 -0.07 World Precious Minerals Fund UNWPX $3.01 -0.01 China Region Fund USCOX $7.94 -0.13 Emerging Europe Fund EUROX $6.14 -0.08 All American Equity Fund GBTFX $23.78 -0.31 Holmes Macro Trends Fund MEGAX $17.96 -0.19 Near-Term Tax Free Fund NEARX $2.19 No Change U.S. Government Securities Ultra-Short Bond Fund UGSDX $2.00 No Change