Frank Holmes of US Funds

At the 2013 Vancouver Resource Investment Conference, respected gold fund manager Frank Holmes warned investors not to become paralyzed, citing research from MIT, he told the interviewer, “People anchor to negative experiences . . . People are driven out of fear. The negative experience of ’08 get(s) anchored that the future will be this way in 10 years”. He said investors should sell bonds and buy stocks.

Holmes also articulated how strong management is the key to an outperforming gold company, recounting how, among other things, management must be personally invested in the company so they can attain what Mr. Holmes’ calls an “appreciation for investor’s money”.

Commenting on the new Chinese government, Holmes said, “A very important change has happened”, the new government knows communication, and stands for both social stability and economic independence.

Watch the full interview:

U.S Global Investors web site:

Cambridge House VRIC13 Coverage