During this 30+ minute interview Jason asks Frank about the oil market and why it's had a big rally in price since summer of 2017?
Jason asks Frank a number of other questions about the oil market including if he thinks this higher oil price will bring on more oil supply and that will lead to another oil bust?
Next, Frank talks about how cheap commodities (especially gold stocks) are relative to regular stocks. Frank thinks that commodities including energy and gold stocks are overdue for a large mean reversion rally.
Frank thinks that peak gold is a reality for gold miners, that gold miners have cut all their costs to the bone and that it is extremely financially dangerous for a gold miner to bring any new gold mines online. However, Frank really likes (prefers) the larger precious metals royalty and streaming companies.
Frank also talks about his company's new Gold Mining ETF (NYSE:GOAU)
To wrap up the interview, Jason asks Frank about institutions going into Bitcoin and the other larger crypto currency like George Soros and Frank talks about the impressive margins and profit potential of his new company, Hive Blockchain Technologies https://www.hiveblockchain.com/, which could be making $50 million per year in free cash flow in the near future.
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.