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
Ever since the US left the gold standard for good in 1971, some politicians and investors have called for its return. At one of the Republican presidential debates in October, Texas Senator Ted Cruz became the latest, touting the stability...
Although gold got most of the attention this week with its price gains, platinum was the best performing precious metal, rising 5.17 percent. The price gains in the metal did not transmit to stock gains for the platinum producers though,...
The U.S. Mint has sold out of its 2015 one-ounce American Eagle gold coins, according to Bloomberg. In an email statement this week, the Mint confirmed that inventories have been depleted and no additional 2015-dated coins will be produced...
During the course of 2015 gold has lost around 9 percent, dropping to a five-year low and losing some of its appeal as the Fed prepares to hike interest rates for the first time since 2006. Last month Goldman Sachs reiterated that a rate...
For more than a year now, commodity prices have been under pressure from the strong US dollar and slowing global demand. This has made a huge dent in the balance sheet of many net exporters of resources, in turn weakening their currencies.
Gold remained the strongest of the precious metals this past week, seemingly stuck in a narrow trading range for much of the week. Silver did a little worse, falling 3.52 percent, perhaps related to Bank of America warning that silver...
I was encouraged to see that sentiment for gold was very positive. There’s a gold bear market here in North America, where the yellow metal has plunged to a six-year low of $1,083 per ounce on the strong U.S. dollar. But when priced in the...
By most standards, October was an explosive month, with domestic equities recording their biggest monthly gains in four years. But the most exciting news was that the global purchasing managers’ index (PMI) reading for the month of October...
Gold consumption in mainland China may match or exceed the record in 2013 after financial market turmoil and the yuan’s devaluation have boosted the metal’s appeal. Further, China’s net imports of gold from Hong Kong increased for the...
Last week the Federal Reserve announced it would delay the interest rate liftoff yet again, but while everyone seems concerned about nominal rates—the federal funds rate, in this case—real rates have already risen about 5 percent since...
