What Will It Take for Junior Gold Stocks to Take Off?

Author: Mary Impastato
Date Posted: September 9, 2014 Read time: 3 min

Palisade Radio’s Collin Kettell welcomes Frank Holmes to the program as part of the show’s latest expert lineup. In their discussion, Collin asks Frank what it takes to pick stocks in a bear market, delving deeper into what Frank says he and his team use to determine the stocks they buy and sell.

Frank touches on the junior gold space and gives an update on the latest purchasing managers’ index (PMI) numbers, pinpointing its indication for the global, Chinese and U.S. markets.

Tune in and hear Frank’s update on a variety of timely as well as strategic investment topics.


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For more on patterns in trading, be sure to check out this Frank Talk post. And while you’re there, subscribe to Frank’s blog!


Please consider carefully a fund’s investment objectives, risks, charges and expenses. For this and other important information, obtain a fund prospectus by visiting www.usfunds.com or by calling 1-800-US-FUNDS (1-800-873-8637). Read it carefully before investing. Distributed by U.S. Global Brokerage, Inc.

Stock markets can be volatile and can fluctuate in response to sector-related or foreign-market developments. For details about these and other risks the Holmes Macro Trends Fund may face, please refer to the fund’s prospectus.

The J.P. Morgan Global Purchasing Manager’s Index is an indicator of the economic health of the global manufacturing sector. The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment. The ISM manufacturing composite index is a diffusion index calculated from five of the eight sub-components of a monthly survey of purchasing managers at roughly 300 manufacturing firms from 21 industries in all 50 states.

The COMEX is a commodity exchange in New York City formed by the merger of four past exchanges. The exchange trades futures in sugar, coffee, petroleum, metals and financial instruments. The Philadelphia Gold and Silver Index (XAU) is a capitalization-weighted index that includes the leading companies involved in the mining of gold and silver. The NYSE Arca Gold BUGS (Basket of Unhedged Gold Stocks) Index (HUI) is a modified equal dollar weighted index of companies involved in gold mining. The HUI Index was designed to provide significant exposure to near term movements in gold prices by including companies that do not hedge their gold production beyond 1.5 years.

All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. By clicking the link above, you will be directed to a third-party website. U.S. Global Investors does not endorse all information supplied by this website and is not responsible for its content. This news release may include certain “forward-looking statements” including statements relating to revenues, expenses, and expectations regarding market conditions. These statements involve certain risks and uncertainties. There can be no assurance that such statements will prove accurate and actual results and future events could differ materially from those anticipated in such statements.

Fund portfolios are actively managed, and holdings may change daily. Holdings are reported as of the most recent quarter-end. Holdings in the funds mentioned as a percentage of net assets as of 06/30/2014: Barrick Gold Corp 0.00%, Market Vectors Junior Gold Miners ETF 0.00%, Newmont Mining Corp 0.00%.