The Investing News Network caught up with Frank Holmes, CEO and chief investment officer of US Global Investors (NASDAQ:GROW), at this year's International Metal Writers Conference to get more insight on the future of the junior resource sector, the gold market and his favorite stocks.
Speaking about gold, Holmes explained, "investors have to recognize that gold has a seasonal pattern to it. There is a 60- to 70-percent probability of gold rising between June and January next year." He believes that if interest rates stay low the yellow metal will benefit.
Holmes also took the time to talk about how new investors can jump into the junior mining space, noting that they should always do their homework. "[Investors] have to be very conscious about the people behind [any] project, but there are a lot of opportunities," he added.
In addition to gold, Holmes said he is following copper and lithium in 2017, as electric vehicle demand continues to increase.