Get ready for new records; gold, commodities in ‘sweet spot’ – Frank Holmes

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Kitco News, Released on 9/14/20

The Purchasing Managers’ Index (PMI) has hit two-year highs in August, suggesting that a pickup in demand for raw commodities, as well higher inflation, is on the way, said Frank Holmes, CEO of U.S. Global Investors.

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Holmes added that gold miners are likely to see record cash flow this quarter as a result of rising commodities demand.

Frank Holmes is the 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.



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