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 By clicking the links in this article, you will be redirected 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. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to ...

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
By clicking the links in this article, you will be redirected 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. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to …

Today we are featuring top-performing “Precious Metals" equity mutual funds, which primarily invest in equity securities companies that are involved in mining of gold and other precious metals.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Precious Metals Equity Funds.

3 Precious Picks

U.S. Global Investors World Precious Minerals (UNWPX) seeks long-term growth of capital plus protection against inflation and monetary instability. It is non-diversified.

The fund primarily invests in equity securities of companies engaged in the exploration, mining or processing of precious minerals such as gold, silver, platinum group, palladium and diamonds. It invests at least 40% of assets in securities of companies that are economically tied to at least three countries other than the U.S.

The fund’s key holdings include Randgold Resources Ltd. (GOLD), Jaguar Mining Inc. (JAG) and Silvercorp Metals Inc. (

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"Precious Metals" is our focus today. These equity mutual funds primarily invest in bullion or equity securities of companies that trade in gold and/or precious metals.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Precious Metals Equity Funds.

3 Funds that are as Good as Gold  OCM Gold (OCMGX), which was founded in February 1988, seeks long-term growth of capital by investing primarily in equity securities of domestic and foreign companies engaged in activities related to gold and precious metals.

Company-specific factors, and not general economic conditions, provide the basis for this fund's buy and sell decisions. Its portfolio turnover was 5% at the end of February 2009.

Shareholders have a minimum initial investment of $1,000 to enter this Zacks #1 Rank ("Strong Buy") fund. It has topped the total returns of its benchmark index in the last 1-, 3- and 5-year

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 U.S. Global Investors Gold and Precious Metals (USERX) was founded in July 1974. The investment seeks long-term growth of capital plus protection against inflation and monetary instability; current income is secondary.

This non-diversified fund focuses on selecting companies with established producing mines. It invests in equity securities of companies predominantly involved in the mining, fabrication, processing, marketing or distribution of metals, including gold, silver, platinum group, palladium and diamonds.

The fund’s top holdings include Randgold Resources Ltd. (GOLD), Kinross Gold Corp. (KGC) and Newmont Mining Corp. (NEM).

U.S. Global Investors Tax-Free (USUTX) seeks to provide a high level of current income that is exempt from federal income taxation and to preserve capital.

The fund uses a combination of a top-down and bottom-up strategies to select investment-grade municipal securities. It may also invest in debt securities of any maturity.

Unit holders have to

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Today we are featuring top-performing "Precious Metals" equity mutual funds, which primarily invest in bullion or equity securities of companies that trade in gold and/or precious metals.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Precious Metals Equity Funds.3 Valuable Samples

OCM Gold (OCMGX) was incepted in February 1988. The investment seeks long-term growth of capital by investing primarily in equity securities of domestic and foreign companies engaged in activities related to gold and precious metals.

The fund bases its decisions to purchase and sell securities on company specific factors, not general economic conditions. Its portfolio turnover was 5% at the end of February 2009.

Unit holders have a minimum initial investment of $1,000 to enter this Zacks#1 Rank ("Strong Buy") fund. It has topped the total returns of

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Mutual Global Discovery A (TEDIX) was incepted in December 1992 and seeks capital appreciation. It may invest all its assets in foreign equity and debt securities, including sovereign debt and participations in foreign government debt, of companies that are trading below their intrinsic value.

The fund invests the equity portion of its portfolio primarily to predominantly in mid- and large cap companies, with the remaining portion of its equity portfolio in smaller companies. As of December 2008, its portfolio turnover was 25.23%.

The fund's top holdings include British American Tobacco Plc (BTI), Wyeth (WYE) and Groupe Danone.

Franklin Strategic Income A (FRSTX) seeks high current income with capital appreciation as a secondary consideration. The fund invests at least 65% of its assets in U.S. and foreign debt securities.

The fund may invest substantially all of its assets in high-yield, lower-quality

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Today we are featuring top-performing "precious metals" equity mutual funds that invest in gold stocks and/or precious metals or bullion.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Precious Metals Equity Funds list.

3 Precious Samples

Van Eck Intl Investors Gold A (INIVX) was incepted in February 1956 and seeks long-term capital appreciation by investing in common stocks of gold-mining companies.

The fund may take current income into consideration when choosing investments. It is non-diversified. As of December 2008, its turnover ratio was 18%.

Randgold Resources Ltd. (GOLD), Agnico-Eagle Mines (AEM) and Goldcorp Inc. (G) are among the fund's top holdings.

AIM Gold & Precious Metals A (IGDAX) seeks growth of capital by investing in companies involved in exploring, mining, processing or investing

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Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Activision Blizzard Inc (ATVI) Aeropostale Inc (ARO) Alexion Pharmaceuticals Inc (ALXN) Basilea Pharmaceutic (BPMUF) BCE Inc (BCE) China Pharma Holdings Inc (CPHI) Comscore Inc (SCOR) DRDGold Ltd (DROOY) EnteroMedics Inc (ETRM) Fidelity National Information Services (FIS) Grand Canyon Education Inc (LOPE) Green Mountain Coffee Roasters Inc (GMCR) Haemonetics Corp (HAE) Hana Biosciences Inc (HNAB) Healthcare Services Group Inc (HCSG) Hecla Mining Co (HL) Merck & Co Inc (MRK) Omnova Solutions Inc (OMN) OSI Systems Inc (OSIS) Radio One Inc (ROIAK) Randgold Resources Ltd (GOLD) Ross Stores Inc (ROST) SupportSoft Inc (SPRT) Tecumseh Products Co (TECUA) Tier Technologies Inc (TIER) Tortoise Capital Resources Corp (TTO) Vertex Pharmaceuticals Inc (VRTX) ...