SOURCE: Streetwise Reports

Streetwise Reports

February 04, 2016 09:00 ET

U.S. Global's Ralph Aldis Interviewed by The Gold Report

SAN FRANCISCO, CA--(Marketwired - February 04, 2016) -  You have to have a plan and stick to it. This wisdom from U.S. Global Investors Fund Manager Ralph Aldis is true for investors and mining companies. And it may be even more true when the market seems to be careening from one disaster to the next. In this interview with The Gold Report, Aldis shares seven companies he is sticking with come low gold prices or a high Purchasing Managers Index.

Included in this interview are: Gran Colombia Gold Corp. (TSX: GCM), Klondex Mines Ltd.  (TSX: KDX) (NYSE MKT: KLDX) and Tahoe Resources Inc. (NYSE: TAHO) (TSX: THO).

The Gold Report: This year started with a bang as China's machinations rocked markets all over the world and set off a gold rally. Is that sustainable? What did we learn?

Ralph Aldis: China was the main driver of the volatility that started out the year. The economy is not collapsing. Growth will just be a little bit slower than expected.

I also think people are losing faith that the Federal Reserve will be able to maneuver the markets this year. What's really been disturbing to me is how much central banks all around the world are intervening in stock markets. To me, that's a recipe for disaster.

Gold was the beneficiary of these dark notes. Investors need to understand that, regardless of what the pundits are saying. All investors need…

Continue reading this interview: U.S. Global's Ralph Aldis on the Life-Changing Magic of an Asset Allocation Plan

About Streetwise Reports / The Gold Report

Investors rely on The Gold Report to share investment ideas for the precious, base and critical metals sector. Our exclusive interviews with leading industry experts and analysts provide a clear picture of the causes of macro-economic shifts and the strategies that help you capitalize on developing trends.

DISCLOSURE:

Gran Colombia Gold Corp., Klondex Mines Ltd. and Tahoe Resources Inc. are sponsors of Streetwise Reports. Ralph Aldis had final approval of the content of the interview and is wholly responsible for the validity of the statements. Opinions expressed are the opinions of Mr. Aldis and not of The Gold Report or its officers. The interview does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility.

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