Over the past four decades, September has been the best time for gold in terms of its month-over-month price appreciation. You can see this on the chart below – in a typical year, the price of gold in September rises 2.5 percent above its August price.
September 3rd, 2009 | Frank Holmes | 7 comments | ContinuedArchive for Frank Holmes
Frank Holmes is chief executive officer and chief investment officer of U.S. Global Investors Inc. The company is a registered investment adviser that manages approximately $4.8 billion in 13 no-load mutual funds and for other advisory clients. A Toronto native, he bought a controlling interest in U.S. Global Investors in 1989, after an accomplished career in Canada’s capital markets.
Right Time for Gold Stocks
One hundred dollars invested in the S&P 500 at the start of 1971 underperformed the gold-stock index essentially for a quarter-century. In each of these years…
June 24th, 2009 | Frank Holmes | 1 comment | Continued
How Will the Next President Handle This Dire Economic Crisis
I saw both John McCain and Joe Biden on CNBC last week, and I was astounded by the shallowness of their answers on how to address the current economic crisis. Both offered the typical Capitol Hill solution to any problem – more regulations. Each tried to disguise his answer in fuzzy language – McCain said he didn’t want “over-regulation” and Biden said he wanted “common-sense regulation”…
September 24th, 2008 | Frank Holmes | 2 comments | Continued