Frank Holmes
Frank Holmes
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That's the real bear case -- rates rise in the United States, exasperating home and car sales. For the government to bail the economy out, there would be more massive deficit spending.
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So here comes the allegorical artwork via Van Dyke's metaphorical lyrics,
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This is a correction process, I am very happy.
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Naturally, we are honored that MIT has added our family of funds to its employees' retirement plans,
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With 3 billion people consuming 20 million barrels of oil per day . . . it is more likely that gold will rise before oil falls, because oil won't fall much.
miners penalty
Those miners who are hedged are put in the penalty box.
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We operate in a very intensely regulated world, including the mutual funds we manage and our company, which is publicly traded. Jerry Rubinstein has unique technical knowledge and skills; he is a CPA and an attorney. Furthermore, Rubinstein has tremendous entrepreneurial experience in the capital markets with leadership roles in several industries, ranging from oil and banking to the music industry.
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There are many components here that are driving gold, and they sort of rotate around. It's not linear.