Is it Over for Gold?
Source: http://www.usfunds.com/investor-resources/frank-talk/?i=1518Posted on Thursday, October 29th, 2009 | In Investing Lessons
I visited the Wall Street Journal offices this morning to discuss gold and commodities markets with reporter Simon Constable. Simon and I discussed goldrsquo;s volatility and demand concerns. I also outlined who some of goldrsquo;s key constituents are:
There are what they call the price takers and the price makers. The price takers are the jewelers…theyrsquo;re a huge part of the demand equation. The price makers are the investment people who are worried and have a lack of confidence in the governmentrsquo;s policies about the currency.
All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.
The following securities mentioned in the interview were held by one or more of U.S. Global Investors family of funds as of September 30, 2009: SPDR Gold Trust. #09-758
Last 5 posts by Frank Holmes
- Money Supply on Fire, Spreads to Gold - November 24th, 2009
- On the Ground in Brazil - November 23rd, 2009
- Demand for Gold Rising in China - November 20th, 2009
- Gold on Your Gift List - November 19th, 2009
- Small Funds, Hidden Gems? - November 18th, 2009
Frank Holmes;, Frank Talk, Investing Lessons, reporter Simon Constable, SPDR Gold Trust, The Wall Street Journal, Wall Street Journal
 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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