FH
Frank Holmes
24quotes
Quotes by Frank Holmes
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Once reconstruction really gets under way in New Orleans and the Gulf Coast, we're expecting to see a surge in appliance manufacturers by mid-October, ... That could give some of the durable goods names a better profile.
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The biggest reason for optimism about investment in all commodities is population growth. Half of the world's 6 billion people live in economies growing at 6 percent a year, but there have been no major gold, oil or copper discoveries.
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The odds of finding a world-class deposit are such that you would be better off buying a lottery ticket,
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Right now, we have negative real rates of return on Treasury bills and massive deficit spending. Historically, a currency can't be strong with those two factors.
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The secular bull market in commodities remains intact. We are proud that our passion, models and process have guided us to be a leader in performance again.
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Based on historic ratios between gold and oil, gold should now be over $500 an ounce,
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