Bitcoin Demand Weakens Despite Limited Panic Selling: Holmes Warns

Crypto SWOT analysis suggests that Bitcoin demand has weakened despite limited panic selling. According to Frank Holmes, CEO and chief investment officer of U.S. Global Investors, Inc., this trend is concerning. Holmes manages domestic and offshore funds specializing in the natural resources and emerging markets sectors.

The company's no-load mutual funds include the Global Resources Fund (ticker PSPFX), the World Precious Minerals Fund (UNWPX) and the Gold Shares Fund (USERX). Some of these opinions may not be appropriate to every investor. Foreign and emerging market investing involves special risks such as currency fluctuation and less public disclosure, as well as economic and political risk.

The S&P/TSX Global Gold Index tracks the world's leading gold companies with the intent to provide an investable representative index of publicly-traded international gold companies. The FTSE Gold Mines Index Series encompasses all gold mining companies that have a sustainable and attributable gold production of at least 300,000 ounces a year, and that derive 75% or more of their revenue from mined gold.