As Executive Chairman of HIVE Blockchain Technologies (HIVE), the first publicly listed cryptocurrency miner, I believe in the digital asset space and have witnessed it gain in popularity over the last several years, explains Frank Holmes, who is also the CEO and CIO of U.S. Global Investors.
I think conservative investors should consider putting their money into blockchain technologies that support digital currencies, as well as infrastructure companies, and one way to do this is through Digital Realty Trust (DLR).
DLR invests in data centers and technology-related real estate. The company has a yield that is growing and it is capitalizing on the mega trend in data center build outs to fulfill 5G and streaming architect. The stock is a conservative idea for the coming year.
For a more speculative pick for 2022, I would add that in October, both U.S. Global Investors and HIVE Blockchain Technologies, announced their strategic investment in the NFT business, via Network Media Group, Inc. (Vancouver: NTE) (OTC: NETWF).
Network Media Group recently announced that it intends to create and distribute non-fungible tokens (NFTs), utilizing content and relationships built from its library of premium films as well as from upcoming projects, valued global partnerships and third-party intellectual property.
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A Look Back to 2021
Frank Holmes chose Ivanhoe Mines (IVN) as his Top Pick for 2021; the stock is up 50% over the past year. Here, he offers this update:
After much anticipation, the U.S. House approved a bipartisan $1.2 trillion infrastructure package in November. Due to an increased demand for infrastructure needs now, I see a potential boom in commodity prices.
I am still looking at companies that produce the minerals that we believe will benefit the most from higher construction spending, and this includes copper producers like Ivanhoe Mines, which is the number one holding in our Global Resources Fund (PSPFX).
