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Frank Holmes: Platinum and Palladium “Look Extremely Compelling”
Frank Holmes, CEO of US Global Investors, says the growing demand for fuel-efficient cars, along with supply disruptions, will cause platinum-group metals to trade higher in 2014.
Frank Holmes, CEO of US Global Investors, says the growing demand for fuel-efficient cars, along with supply disruptions, will cause platinum-group metals to trade higher in 2014. In this wide-ranging interview at the 2014 Vancouver Resource Investment Conference, Holmes also touches on energy investing opportunities, the rise of “Chindia” and why investors should hold onto their gold stocks. The segment on platinum and palladium starts at 5:20.
Securities Disclosure: I, Andrew Topf, hold no direct investment interest in any company mentioned in this video.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1962.56 | +3.96 | |
Silver | 23.52 | +0.32 | |
Copper | 3.67 | 0.00 | |
Palladium | 1713.17 | 0.00 | |
Platinum | 1087.26 | 0.00 | |
Oil | 67.57 | -1.89 | |
Heating Oil | 2.24 | -0.03 | |
Natural Gas | 2.25 | -0.07 |
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