Stock Up On Gold While It’s Undervalued Says Frank Holmes
Frank Holmes joined Daniela Cambone at the Kitco News studio in New York City to discuss the gold price, M&A activity and technological developments in the gold mining space.
Frank Holmes joined Daniela Cambone at the Kitco News studio in New York City to discuss the gold price, M&A activity and technological developments in the gold mining space. The two chat about the recent Barrick-Newmont Mining joint venture in Nevada and what that means for both miners. Frank comments that he believes the gold price could rise due to central bank gold buying to diversify reserves, especially in Europe where there are negative real interest rates. Lastly, Frank discusses GoldSpot Discoveries, an artificial intelligence company disrupting the mineral exploration space.
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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.
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): Barrick Gold Corp, Newmont Mining Corp, B2Gold Corp, Hochschild Mining PLC.