Frank Holmes

CEO & Chief Investment Officer @ U.S. Global Investors

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.  You can contact Frank at: editor@usfunds.com.

Frank Holmes Articles

This week spot gold closed the week at $1,776.51, up $32.63 per ounce, or 1.87%. Gold stocks, as measured by the NYSE Arca Gold Miners Index, ended the week higher 3.50%. The S&P/TSX Venture Index came in off 1.55%. The U.S. Trade-...
The best performing precious metal for the week was silver, up 1.18% as hedge funds boost net-long silver positions to a three-week high. Gold rose on Thursday as the dollar weakened after dovish rhetoric from the Federal Reserve, which...
The best performing precious metal for the holiday-shortened week was platinum, up 2.08%. The metal is expected to remain in deficit for 2021 as South African supplies will remain at risk of electricity disruptions and the growing use of...
Gold producers had their most profitable year ever in 2020, based on one metric. The average all-in sustaining cost (AISC) margin, which is the gold price minus the cost to produce the metal, hit a record $828 per ounce, according to...
The best performing precious metal for the week was palladium, up 11.14%. South African platinum stocks jumped as much as 4.4% on Tuesday after Norilsk Nickel, a top producer, reduced its forecast production from its Arctic mines due to...
The best performing precious metal for the week was platinum, up 6.45% as it continues to pick up momentum from electrification. Gold rose the most in two months on Tuesday, rebounding from a nine-month low on a weaker U.S. dollar before...
The best performing precious metal for the week was palladium, up 0.60% as auto sales are expected to rise with the vaccination rollout. Silver ETFs caught a bid this week despite massive gold outflows. ETFs added 1.02 million troy ounces...
The best performing precious metal for the week was palladium, but still down 2.51%. Palladium was buoyed by the partially suspended operations at Russia’s Nornickel mine due to flooding. AngloGold Ashanti boosted its dividend more than...
surging over 31%. The yield on the 10-year Treasury touched 1.6% last Thursday, up from 0.9% just a couple of months ago. That's more than a two standard deviation move, suggesting the bond selloff may be overdone. Remember, bond yields...
Demand for physical precious metals remains strong. Gold coin sales at the U.S. Mint hit 220,500 ounces in January, the highest monthly total since 2009. The Mint also reported silver coin sales of 4.775 million ounces in January, a 24%...
Goldschläger and Goldwasser are liqueurs containing pure gold flakes.

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