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: [email protected].
Frank Holmes Articles
The best performing precious metal for the week was gold, but still down 1.55%. Gold clocked a loss this week following two weeks of gains. The weakness was prompted by stronger economic data that drove the U.S. dollar and Treasury yields...
Gold held around the highest in three weeks as U.S. inflation data printed in line with forecasts. The metal edged higher Thursday for a fourth session, after drawing support from weaker than expected U.S. economic data that diminished...
Gold rose for the first four days of the past week, extending a climb from a five-month low, as the dollar weakened on new economic data. Traders trimmed gains on Friday as the Federal Reserve’s monetary policy is leaning towards one more...
The best performing precious metal for the week was silver, up just 0.19%. Lab-grown diamond trade data indicates that it continues to gain market share. The value of rough lab grown diamond imports and polished exports increased month-...
The best performing precious metal for the week was palladium, up 2.72%, on what might be the beginning of a short squeeze. Palladium had fallen 24% since mid-May, up until a recent rally on news that speculators had taken their short...
The best performing precious metal for the week was palladium, up 1.24%, as Nornickel reported that it expects to see a moderated palladium deficit in 2023. Gold edged up as Fitch Ratings’ move to strip the U.S. of its top-tier sovereign...
The best performing precious metal for the week was gold, but still down 0.38%. U.S. GDP came in higher than anticipated and pushed the dollar up on expectations the Fed still has room to raise rates higher.
Gold is set to eke a third weekly gain despite going into next week’s likely 25-basis point lift in interest rates. Markets expect the Federal Reserve to pause again on further hikes.
The best performing precious metal last week was silver, up 7.91%. Softer economic data gave precious metals a boost with rate expectations waning and the dollar sinking. This has prompted hedge funds to flip to net short on the U.S....
Gold caught a break on Friday with the weaker-than-expected change in nonfarm payrolls, perhaps taking some pressure off the Federal Reserve to hike rates again. China, for an eighth consecutive month, has added to its gold reserves.
