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 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%...
Precious metals in general did very well in 2020, and I expect them to keep pace in 2021, supported by heightened efforts in the U.S. and elsewhere to transition from fossil fuels to renewable energy.
The best performing precious metal for the week was platinum, down just 0.27%. Gold surged above $1,900 an ounce on the first day of trading in 2021, building on its 2020 advanced due to lower U.S. real yields and a weaker dollar. The...
The best performing precious metal for 2020 was silver, up 47.86% as investment demand and the outlook for more solar power improved. Gold had its biggest annual advance since 2010, up 25.11%, after a tumultuous year that included four...
The best performing precious metal for the week was silver, up 7.77 percent as hedge funds raise their bullish positioning to 21-week high. Gold gained after the Federal Reserve strengthened its commitment to supporting the economic...
Gold had its first weekly advance in a month after rising back above $1,800 on Tuesday and as prices steadied on Friday. Bullion rose to a one-week high on Thursday as investors weighed prospects for a vaccine and the murky outlook for U.S...
This week spot gold closed at $1,788.39, down $82.60 per ounce, or 4.41%. Gold stocks, as measured by the NYSE Arca Gold Miners Index, ended the week lower by 4.18%. The S&P/TSX Venture Index came in up 0.50%. The U.S. Trade-Weighted...
With gold stolen by Conquistador Francisco Pizarro from the Inca Empire in 1532, Spain financed its conquest of Europe.

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