My interview with Frank Holmes last week was for me personally one of the most fascinating and insightful interview I have had in quite a while because he was helpful to me in understanding why Bitcoin actually does have value as an energy play and just how integrated and significant AI is in the Defense industry.
Frank introduced U.S. Global Investors latest ETF. It’s the U.S. Global Technology, Aerospace & Defense ETF (NYSE-WAR). It is scheduled to begin trading on December 30, 2024. Major holdings in the fund are: Ambarella, Inc. Booz Allen Hamilton Holding Corp., General Dynamics, Hexcel Corporation, NVIDIA and Rhenmetal AG.
Here are some of the points and topics discussed in my interview with Frank:
AI is extremely powerful and why its use is inevitable.
Why AI based defense is a boom industry.
Why you need to own both Bitcoin and Gold.
Why Bitcoin actually is “the new oil.”
Why Bitcoin helps safeguard personal freedom.
Why gold mining CEOs of cash flow positive companies need to sell as much gold as they need to pay their bills and keep remaining gold production on their balance sheets because as J.P. Moran understood, Gold is money. Dollars are credit.
Holmes certainly understands the gold mining industry with his decades long management gold mining mutual funds and more recently a gold ETF which has performed very well in 2024.
I hope you enjoy my interview with Frank. He has planted some interesting ideas in my mind that may result in a slightly different Model Portfolio for 2025.
Best wishes to all of you for a very Merry Christmas and a Happy 2025.
Jay Taylor
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