Data Mining to Better Understand the Risk/Reward Trade Off With PMI Index
By December 6, 2018
– Published on
VRIC 2019 Featured Speaker: Frank Holmes
Among the biggest trends we saw in 2018—since the spring, at least—was the global slowdown in manufacturing activity, prompted in large part by the U.S. trade war with some of its largest trading partners.
The purchasing manager’s index (PMI) steadily declined over the past several months, which has been a drain on world demand for a number of commodities and raw materials such as oil, copper, zinc and more.
We have gone back in history and from data mining have discovered some powerful patterns to help guide investors to be long resource stocks and when to raise cash levels.
Why it's Important: I will talk about data mining to better understand the risk/reward trade off with forward looking PMI Index. I will be picking microcap mining stocks and discussing how Gold Spot is using its seven PhDs to data mine exploration data and find reserves at a lower cost and risk.
The investment opportunity: The opportunity in 2019 is gold, silver and other metals. We expect to see U.S. deficit spending exceed $1 trillion a year for the next four years. This, coupled with a possible end to the current rate hike cycle, could potentially weaken the dollar and give precious metals some room to climb higher.
Don’t Miss Out: This is an incredible time to come catch me at The World’s Largest Resource Investment Conference that happens only once a year. Register for VRIC before it's too late.
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Frank's Bio: Frank Holmes is CEO and Chief Investment Officer of U.S. Global Investors, Inc., which manages a diversified family of mutual funds and hedge funds specializing in gold, natural resources and emerging markets. He is the world's top ranked gold fund manager on Morning Star.
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