Is This Move In Gold For Real? (Podcast)

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Includes: GLD, GTU, IAU, OUNZ, PHYS, QGLDX, SGOL
by: Jay Taylor

Frank Holmes, Jim Payne and Michael Oliver return as guests on the next radio program.

What has been driving the price of gold higher thus far into 2016? More importantly, is this move long lasting or simply a bear market rally? Frank provides his views on that question from a fundamental analysis and Michael updates us on his views which so far suggest we are into a major move upward in gold.

No matter what your views on gold, not putting all your eggs in one basket is always wise advice. Frank manages a diverse group of mutual funds so we will ask him to give us his larger view on the economy and global markets and how investors might use a group of funds to provide diversification.

Jim Payne of dynaCERT updates us on his company's progress in marketing its patented technology to increase fuel efficiency and reduce carbon emissions by 30% to 40% for diesel engines and prospects for dramatic sales growth and profits.

Frank Holmes is the CEO and Chief Investment Officer of U.S. Global Funds, which specializes in natural resources and emerging markets investing. As chief investment officer at U.S. Global, Holmes oversees an investment team whose mutual funds have won more than two dozen Lipper Fund Awards and certificates since 2000. Mr. Holmes was selected as the 2006 mining fund manager of the year by Mining Journal, a leading publication for the global natural resources industry. He is also the co-author of The Goldwatcher: Demystifying Gold Investing. He is engaged in a number of international philanthropies and is a member of the President's Circle and on the investment committee of International Crisis Group, which works to resolve conflict around the world. He is also an advisor to the William J. Clinton Foundation on sustainable development in countries with resource-based economies.

Jim Payne is Chief Executive Officer, dynaCERT Inc. Mr. Payne also serves as Chief Executive Officer of his privately held consulting, project management and real-estate development company operating in the GTA and surrounding areas. Mr. Payne graduated from St. Clair College in Construction Engineering, Project Management and Estimating in 1974. He has successfully built and managed his own private companies for more than 38 years. This provides Mr. Payne with years of experience in accounting, business leadership and the legal aspects of governance. Over the last decade, Mr. Payne has taken his natural networking skills and built on them to create strong team dynamics that lead to success and generate movement. With a strong leadership presence, Mr. Payne is leading dynaCERT in a way that has helped to streamline corporate activities, generate growth, form new partnerships and bring the corporate vision to a reality.

Michael Oliver entered the financial services industry in 1975 on the Futures side, joining E.F. Hutton's International Commodity Division, NYC. He studied under David Johnson, head of Hutton's Commodity Division and Chairman of the COMEX.

In the 1980s Oliver began to develop his own momentum-based method of technical analysis. In 1987, Oliver, along with his futures client accounts (Oliver had trading POA) technically anticipated and captured the Crash. Oliver began to realize that his emergent momentum-structural-based tools should be further developed into a full analytic methodology.

In 1992, he was asked by the Financial VP and head of Wachovia Bank's Trust Department to provide soft dollar research to Wachovia. Within a year Oliver shifted from brokerage to full-time technical research. MSA has provided its proprietary technical research services to financial and asset management clients continually since 1992. Oliver is the author of The New Libertarianism: Anarcho-Capitalism.