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
According to Bank of America, China gold ETFs continued to see inflows, adding $253 million and marking the sixth consecutive month of inflows. Gold ETF buying in China is driven by weak equities, a weakening local currency, and decreasing...
The best performing precious metal for the past week was gold, up 1.00%. The World Gold Council (WGC) published its gold ETF flow data for May this week. Gold ETF holdings saw their first monthly inflow in 12 months, totaling $529 million...
The best performing precious metal for the week was palladium, up 0.56%. According to CIBC, Agnico highlighted operational improvements related to the recently commissioned Shaft 4, improvements related to mining methods, and high-grade...
The best-performing precious metal for the past week was silver, but still lower by 2.32%. Scotia views the Ontario Teachers Power Plan deal as positive for New Gold shares—not only is the deal structure financially accretive by their...
The best performing precious metal for the past week was silver, up 11.29%, breaking through $30 per ounce for the first time in more than a decade with an increasingly supportive supply picture for prices with a projected fourth year of...
Gold consolidated early in the week between $2,340 to nearly $2,310, but the weaker than expected initial jobless claims came in higher than expectations, which launched gold higher, and the momentum continued Friday with the weaker than...
The best-performing precious metal for the past week was platinum, up 5.50%. Impala Platinum Holding reported quarterly production that increased from a year earlier and that customer orders remained robust.
Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China, the world’s biggest producer and consumer of the precious metal, is front and center of the extraordinary ascent, according to Bloomberg.
Gold rose to trade near a record high, even as investors weighed a shift in messaging from Federal Reserve Chief Jerome Powell, who said the central bank will likely keep rates on hold for longer than originally planned.
The best-performing precious metal for the past week was platinum, up 6.68%, followed by palladium up 4.82%. China raised its gold holdings for the 17th consecutive month at record prices, while India also added to its gold holdings.
