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Tag Archives: Frank Holmes

3 Charts I’m Thankful for This Week

I hope everyone reading this had a wonderful Thanksgiving full of family, love and laughter. Even if that wasn’t your experience, there’s still much to be grateful for. Below are three charts for which I happen to be most thankful this week. 1. Americans appear to be flying again. The U.S. hit a new pandemic high last week in terms of commercial air traffic. More than 2.2. million people boarded passenger jets last Friday, November 19, according to Transportation Security Administration (TSA)...

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Reports of Gold’s Death Are Greatly Exaggerated

Back in December 1997, the Financial Times ran a now-infamous article titled “Death of Gold.” In it, the author Kenneth Gooding claimed that as an investment, “gold is a goner.” The crises of the past 10 years—the 1987 stock market crash, the Gulf War, Asia’s financial meltdown—had not resulted in higher demand. Gold was now a “mere metal” and a “bad investment,” Gooding concluded. But as it happened, reports of gold’s death were greatly exaggerated. The next decade saw the precious metal...

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What Is Shadow Inflation? It Could Be More Prevalent Than You Realize

We’re all familiar with inflation, whether it’s at the grocery store or gas pump. What cost you $10 last year might cost you $12 or more today, representing a hidden “tax” that steadily corrodes your purchasing power like rust on iron. But did you realize there’s another form of inflation that’s just as corrosive and yet is nearly impossible to measure? Some economists call it “shadow inflation,” and it refers to instances when you pay the same price for a good or service one year to the...

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“Uptober” Doesn’t Disappoint as Bitcoin Touches $56,000

October 8, 2021 Bitcoin topped $56,000 on Friday for the first time since May as a number of positive crypto developments galvanized investors in the month of “Uptober.” For one, legendary investor George Soros’s family office fund confirmed this week that it held Bitcoin in its nearly $6 billion portfolio. Speaking at a Bloomberg event, Soros Fund Management CEO and chief investment officer Dawn Fitzpatrick said that Bitcoin was more than an inflation hedge, having “crossed the chasm to...

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Gold Is Now the Second Most Liquid Asset on Earth

U.S. Global Investors Announces a 50% Increase in Monthly Dividend   Contrary to popular belief, what’s good for the goose is not always good for the gander. This week the U.S. dollar advanced against a basket of foreign currencies to hit its highest level in about a year. For consumers and importers, this is good news, as it means the greenback offers greater purchasing power. For exporters, on the other, and for the price of gold and other commodities that are priced in U.S. dollars, this...

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Gold Passed the Evergrande “Stress Test”

It’s the biggest company you’ve never heard of—until this past week, that is. Evergrande Group, the “too big to fail” Chinese property developer, rattled markets on Monday when it missed interest payments to at least two of its lenders. This gave more than a few investors flashbacks to Lehman Brothers’ demise in 2008, which helped trigger the global financial crisis. The selloff spread to U.S. markets, and I was pleased to see that gold maintained its haven status. The yellow metal ended...

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Fossil Fuels Are Under Siege. Is Misinformation to Blame?

It’s becoming more and more difficult to be in the fossil fuel business. On both sides of the Atlantic, lawmakers and unelected bureaucrats are turning up the heat, so to speak, on companies over the issue of climate change. In the U.S. House of Representatives, Democrats have launched an inquiry into whether oil companies have participated in so-called “climate disinformation.” This week, letters were sent to top executives of Exxon Mobil, BP, Chevron and Royal Dutch Shell seeking records,...

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When Will Social Security Run Dry? Sooner Than You Might Think

I’ve been in Sweden all week, representing HIVE Blockchain Technologies and searching for new expansion opportunities. I can’t wait to share the details with you, so make sure you’re subscribed to Frank Talk by clicking here. In the meantime, I have some sobering news: Social Security is in worse shape than we thought. The program’s Old-Age and Survivors Insurance (OASI) Trust Fund is now expected to be insolvent by 2033, a year earlier than anticipated. According to the annual report, its...

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Don’t Fall for FUD: Fear, Uncertainty and Doubt

So many headlines right now are instilling FUD in investors’ minds, which stands for Fear, Uncertainty and Doubt—from the Taliban takeover in Afghanistan, to fears over cryptocurrency, and the delta variant disrupting travel plans across the globe. Don’t let yourself fall for FUD. There’s no reason to be fearful of cryptocurrency, for example. Many like to say “only bad guys” use these digital assets, but if that’s true, then why are over 100 million people using it today? These people...

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The Metaverse: What Every Early-Stage Investor Needs to Know

You may not be familiar with the term metaverse, but if you’ve been a consumer of popular books, movies and video games over the past 30 years or so, you probably are aware of the concept. Consider films like The Matrix or Ready Player One, set in vast virtual realities in which people live, work and play. In Neal Stephenson’s 1992 science fiction novel Snow Crash, believed to be the first work to contain the word metaverse, online inhabitants make transactions using digital currencies, as...

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