The price rises of gold and other precious metals in recent months should have propelled the junior-mining industry. What is holding it down?
For Frank Holmes, CEO of US Global Investors and a regular commentator on financial television networks, the answer is regulation. Many banks and brokers cannot recommend junior-mining stocks due to government limits on investors and environmental, social, and governance (ESG) criteria. On the other hand, crypto mining, a virtually unregulated industry, did see a rise in investing across the board.
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.