Frank Holmes

Frank Holmes is the CEO and Chief Investment Officer of U.S. Global Investors. Mr. Holmes purchased a controlling interest in U.S. Global Investors in 1989 and became the firm’s chief investment officer in 1999. Under his guidance, the company’s funds have received numerous awards and honors including more than two dozen Lipper Fund Awards and certificates. In 2006, Mr. Holmes was selected mining fund manager of the year by the Mining Journal. He is also the co-author of “The Goldwatcher: Demystifying Gold Investing.” Mr. Holmes is engaged in a number of international philanthropies. He is a member of the President’s Circle and on the investment committee of the International Crisis Group, which works to resolve conflict around the world. He is also an advisor to the William J. Clinton Foundation on sustainable development in countries with resource-based economies. Mr. Holmes is a native of Toronto and is a graduate of the University of Western Ontario with a bachelor’s degree in economics. He is a former president and chairman of the Toronto Society of the Investment Dealers Association. Mr. Holmes is a much-sought-after keynote speaker at national and international investment conferences. He is also a regular commentator on the financial television networks CNBC, Bloomberg and Fox Business, and has been profiled by Fortune, Barron’s, The Financial Times and other publications.  Visit the U.S. Global Investors website at http://www.usfunds.com.

Articles by Frank Holmes

Gold Fields was the best-performing senior mining stock for the week, up 33.96 percent. CEO Nick Holland said investors are missing the quality of its foreign operations by focusing on delays and higher costs at its domestic projects. The...
Gold last week broke above its 50-day moving average as a fresh round of negative news from around the globe rekindled investors’ interest in the yellow metal as a safe haven. The Fear Trade, it seems, is in full force.
I always advise investors to follow the smart money, and two people high on the list are Stanley Druckenmiller and Warren Buffett. Second-quarter regulatory filings show that Stanley Druckenmiller, the famed hedge fund manager, just placed...
First it was the U.S. Federal Reserve. Then, in 2013, Japan launched what became known as Abenomics. The European Central Bank (ECB) followed suit in 2014. And now the People’s Bank of China has joined the parade.
China devalued the yuan by the most in two decades as policymakers stepped up efforts to introduce more market-based reforms. China’s exporters have been hurt by keeping the yuan pegged to the dollar. The new policy spooked markets,...
There’s no other way to put it: Commodities took it on the chin last month. July was the seventh worst performing month for the S&P Goldman Sachs Commodities Index, going back to January 1970. Crude oil saw its steepest monthly loss...
India’s gold imports shot up by about 61 percent to 155 tons in the April-May period due to weak prices globally and the easing of restrictions by the Reserve Bank. Billionaire hedge fund manager John Paulson, one of the world’s most...
In July, the U.S. Mint sold the most physical gold in two years even as the price of the precious metal briefly slid to its lowest level in five years. Goldcorp cut its dividend as part of a strategy to cope with slumping prices. The...
The leveraged gold futures derivatives market is knocking down the precious metal, yet in massive contrast, this drop has ignited a shopping frenzy according to gold coin dealers. I spoke with several friends and industry experts this week...
On July 17, in the first update since 2009, the People’s Bank of China said it owns about 1,658 metric tons of gold, implying purchases of just 100 tons a year. That’s significantly less than consensus expectations and thus leaves the door...

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The first use of gold as money occurred around 700 B.C., when Lydian merchants (western Turkey) produced the first coins