Frank Holmes
Frank Holmes
accepted board chairman chief demands directors executive global happy investment jerry leadership officer role time
With all the demands on my time as Chief Executive Officer and Chief Investment Officer, I am happy that Jerry Rubinstein has accepted the leadership role as chairman of the board of directors of U.S. Global Investors, Inc..
bail bear car case deficit economy government home massive rates rise united
That's the real bear case -- rates rise in the United States, exasperating home and car sales. For the government to bail the economy out, there would be more massive deficit spending.
began believe bull continue last market navigation secular until
We believe the secular bull market which began in 2000 will last until 2020. Navigation of this secular bull market will continue to be challenging and volatile.
banking capital experience funds including intensely jerry knowledge leadership manage markets music mutual oil operate publicly roles several technical tremendous unique
We operate in a very intensely regulated world, including the mutual funds we manage and our company, which is publicly traded. Jerry Rubinstein has unique technical knowledge and skills; he is a CPA and an attorney. Furthermore, Rubinstein has tremendous entrepreneurial experience in the capital markets with leadership roles in several industries, ranging from oil and banking to the music industry.
miners penalty
Those miners who are hedged are put in the penalty box.
appliance durable expecting gets goods gulf names orleans
Once reconstruction really gets under way in New Orleans and the Gulf Coast, we're expecting to see a surge in appliance manufacturers by mid-October, ... That could give some of the durable goods names a better profile.
I made up a new original, ... I am an artist.
biggest billion copper economies growing half investment major oil optimism people percent population reason
The biggest reason for optimism about investment in all commodities is population growth. Half of the world's 6 billion people live in economies growing at 6 percent a year, but there have been no major gold, oil or copper discoveries.
confidence dollar euro fallen
Confidence in the euro as an alternative to the dollar has fallen apart.
buying finding lottery odds
The odds of finding a world-class deposit are such that you would be better off buying a lottery ticket,
buy cheaper
It's cheaper to go out and a buy another company.
based gold historic
Based on historic ratios between gold and oil, gold should now be over $500 an ounce,
beats dancing happening per rave
What's happening is they're going from dancing to rave music, with 1000 beats per minute, to waltzing in China.
correction
This is a correction process, I am very happy.