Has Time Run Out for the Gold Rally?Has Time Run Out for the Gold Rally?
Source: http://www.usfunds.com/investor-resources/frank-talk/?i=1380http://www.usfunds.com/investor-resources/frank-talk/?i=1380Posted on Friday, October 9th, 2009 | In Investing Lessons
With gold continuing to hit new highs, I appeared on the Fox Business Network to explain the drivers behind the recent gold moves and how I feel about certain emerging markets.
I shared with hosts Liz Claman and David Asman why I believe gold could take a breather here soon before finishing the year strong.
Gold could easily move up about 10 percent or move down 10 percent over the next 60 trading days. But historically, gold corrects in October and November, then you get your rally going back toward the end of the year.
Watch the Full Interview
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Last 5 posts by Frank Holmes
- Demand for Gold Rising in China - November 20th, 2009
- Gold on Your Gift List - November 19th, 2009
- Small Funds, Hidden Gems? - November 18th, 2009
- Gold ETFs - Big Surprise at Tax Time - November 17th, 2009
- Five Reasons China Is Not a Bubble - November 16th, 2009
Barrick Gold, David Asman, Frank Holmes;, Frank Talk, Investing Lessons, Liz Claman, Randgold Resources Ltd;
 About Frank Holmes (http://www.usfunds.com/franktalk)
Frank Holmes is CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sectors. The company’s no-load mutual funds include the Global Resources Fund (PSPFX), the World Precious Minerals Fund (UNWPX) and the Gold and Precious Metals Fund (USERX). |
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