Frank Holmes Explains the Golden Rule
Frank Holmes sat down with Vasudha Sharma on Small Cap Power to discuss his long-term forecast for the gold market. Frank explains the Golden Rule, which advocates a 10 percent portfolio weighting in gold-related investments such as 24-karat gold jewelry, physical bullion, ETFs and mining stocks.
Frank Holmes sat down with Vasudha Sharma on Small Cap Power to discuss his long-term forecast for the gold market. Frank explains the Golden Rule, which advocates a 10 percent portfolio weighting in gold-related investments such as 24-karat gold jewelry, physical bullion, ETFs and mining stocks. He also discusses the Fear Trade, a driver of gold’s price action, which has lately been global central banks adding to their gold reserves, such as Hungary, Poland, Russia and China, among others. Central banks buying gold is a positive sign of demand and demonstrates, Frank believes, that gold can be an effective store of value.
For the full story, watch the interview below!
Want the latest updates from Frank Holmes? Subscribe to his award-winning CEO blog Frank Talk by clicking here.
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 12/31/2018.
Diversification does not protect an investor from market risks and does not assure a profit.