Frank Holmes' advice to investors? Chill. In his interview with The Gold Report, the veteran commodities investor shared some strategies that help him "sit back and stay balanced," namely by diversifying and following the money.
Bigger isn't always better, as recent acquisitions by Agnico-Eagle Mines Ltd., Coeur d'Alene Mines Corp. and New Gold Inc. suggest. These companies are choosing to make multiple smaller deals as they keep the M&A thesis alive.
China has kept investors on the edge of their seats, as we wait for some monetary or fiscal action. Every day that goes by with no significant policy decisions from the Asian giant causes the market to lose confidence in its ability to steer its ship.