Frank Holmes | Gold Stocks Have a Life-cycle Very Similar to Biotechnology Stocks

At PDAC 2019, Frank Holmes shared some of his personal journey regarding how he became the CEO and chief investment officer of U.S. Global Investors. Frank also offered insights on successful resource investing and discussed two companies he is currently investing in. Furthermore, as a veteran resource industry professional, Frank shared advice for the younger generation of resource investors and professionals. Mr. Holmes purchased a controlling interest in U.S. Global Investors in 1989 and became the firm’s chief investment officer in 1999. In 2006, Mr. Holmes was selected mining fund manager of the year by the Mining Journal, and in 2011 he was named a U.S. Metals and Mining "TopGun" by Brendan Wood International. In 2016, Mr. Holmes and portfolio manager Ralph Aldis received the award for Best Americas Based Fund Manager from the Mining Journal. He is also the co-author of The Goldwatcher: Demystifying Gold Investing. More than 30,000 subscribers follow his weekly commentary in the award-winning Investor Alert newsletter which is read in over 180 countries. 0:05 Introduction 1:17 Frank’s background and how he became the CIO at US Global Investors 3:47 Advice to younger investors and aspiring resource sector professionals 5:20 Thoughts on PDAC 2019 6:17 Gold stocks have a lifecycle very similar to biotech stocks 7:39 Could the bullish gold thesis be wrong? 10:17 Two companies Frank is investing in right now The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.