Wall Street Unplugged - Your Best Source For Finance, Investing & Economics

How to get exposure to the best shipping companies in the world

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Sinopse

Frank Holmes, CEO and chief investment officer of U.S. Global Investors, is back on Wall Street Unplugged. We kick things off by discussing the pullback in the markets… Frank explains why he believes the selloff is nearing a bottom… and why he doesn’t expect interest rates to rise significantly this year. [2:00] Frank recently launched his own exchange-traded fund: the U.S. Global Sea to Sky Cargo ETF (SEA)—which gives investors access to some of the best shipping companies in the world. He highlights why everyone should have exposure to this sector right now… and how he picks assets for the fund. [4:40] Turning to gold, I ask why gold prices aren’t higher right now given the favorable market conditions. Frank breaks down how gold prices can be manipulated… and shares a strategy from the crypto-mining “playbook” that gold miners should start using. [14:05] As executive chairman of crypto mining firm HIVE Blockchain Technologies, Frank knows a lot about this subject. He highlights how gamers are making some se