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
The best performing precious metal for the week was gold, but still down 1.61 percent. Gold rose on Thursday, breaking a two-day loss streak, as the U.S. dollar fell and halted stimulus negotiations sent equities lower. Bloomberg notes...
The best performing precious metal for the week was platinum, up 3.76 percent. Bank of America Research noted that platinum should benefit from the expansion of the fuel cell economy which uses the metal as a catalyst. Gold climbed back...
The best performing precious metal for the week was gold, but still down 4.58 percent. Gold took a hit this week from a stronger dollar and investors bought the dip. The SPDR Gold Shares saw an inflow of more than 30 tons on Monday. Gold-...
Gold had its worst week since March, falling some 4.6 percent from the previous Friday, as the U.S. dollar staged a rally against the euro. The price of bullion closed below $1,900 an ounce last Wednesday for the first time since July 23...
The best performing precious metal for the week ended September 18 was palladium, up 1.57 percent as hedge funds boosted their net-long position to the highest in six-months. Gold had a second weekly gain after the U.S. dollar steadied and...
At least through 2023: That’s how long the Federal Reserve expects near-zero interest rates to last as it seeks to support an economy that’s seen more than 60 million jobless claims since mid-March. Gold has thrived in this low-rate...
The best performing precious metal for the week was platinum, up 2.91 percent. The price of gold saw a small uptick on Thursday after the producer price index (PPI) increased 0.3 percent in August and the Labor Department said 884,000...
The best performing precious metal for the week was again silver, up 16.04 percent despite hedge fund managers cutting their net bullish positions to a six-week low; thus the physical market is driving the price. ETFs added 126,842 troy...
Strengths
The best performing metal for the week was silver, up 7.13 percent, again outpacing gold on recent gains. Spot gold broke its record high this week and could soon hit $2,000 an ounce. Bullion rose as high as $1,983.36 on...
The U.S. Mint made an unusual request last week. In a press releasedated July 23, the bureau literally begged Americans to start putting coins back into circulation by spending or depositing them.
Recent Articles
Small amounts of natural gold were found in Spanish caves used by the Paleolithic Man about 40,000 B.C.
