CEO of U.S. Global Investors, Frank Holmes on Gold Growth
Frank Holmes speaks about the growth opportunity in gold
Gold is known as a safe-haven investment. It can also be as effective a hedge against deflation as against inflation.
“The gold space is only going to be a very significant growth opportunity because the gold stocks themselves are demonstrating free cash flow. And that’s the magic word,” says Holmes.
Below is a chart showing global production of gold mines from 2005-2019.