Re: The Gold Report
in response to
by
posted on
Feb 05, 2010 12:23PM
Edit this title from the Fast Facts Section
Susan must have missed the upper section but here it is at the very start...
Frank Holmes: Game-Changing Action Is Afoot
Source: Interviewed by Karen Roche, Publisher, The Gold Report 02/03/2010
Specializing in emerging markets, natural resources and global infrastructure, U.S. Global Investors is positioned so perfectly for the times that CEO Frank Holmes might have written its business plan and tag line—"Resourceful Investing for a Developing World"—this morning. All of these areas of expertise at U.S. Global Investors play powerful but somewhat unpredictable roles in the evolving 21st century worldwide economy. Led by China and India, the emerging markets have placed unprecedented (and growing) demand on natural resources. From gas and oil to copper and zinc, it takes vast quantities of those natural resources to build infrastructure to accommodate explosive growth in population, upward mobility, urbanization and industrialization. So as the other Holmes once said, "The game is afoot." Meanwhile, the developed world can hardly sit by and watch the action from afar. As Frank suggests in this exclusive Gold Report interview, the key to staying in the game—even as the rules are changing—may lie in adapting nimbly and rationally.
The Gold Report: President Obama recently came out with proposals to limit profit taking in the banking industry, impose salary caps and restrict banking investments. Then in his State of the Union address, he called for a freeze on spending for discretionary government programs. Any comments about that?