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 0.03%. The Personal Consumption Expenditure (PCE) core price index eased further in December, perhaps laying the groundwork for the Federal Reserve to continue to...
The best performing precious metal for the week was gold, up 0.36%. Silver has continued to outperform gold, up 10% over the last three months driving the gold/silver ratio down to 80:1, closer to the historical average (76:1).
The best performing precious metal for the week was gold, up 2.91%. Lundin Gold reported another strong quarter with fourth-quarter production of 121,000 ounces, ahead of consensus and bringing full-year output to 476,000 ounces, above the...
The best performing precious metal for the week was gold, up 2.50%. Osisko Gold has amended the CSA stream agreement, effectively reducing the upfront payment for the silver stream to $75 million (previously $90 million). The company has...
The best performing precious metal for the year was platinum, up 11.33% with most of the gains coming over the past quarter. The World Platinum Council expects a platinum deficit in 2023 with demand growing 19% and supply only rising 2%.
The best performing precious metal for the week was gold, but still off 0.45%. GoGold Resources finished the week up over 20% with new holes released from the El Favor East deposit within the Los Ricos North Property. Hole LRGF-22-140...
Gold steadied after touching the highest level since July as traders weighed more U.S. economic data and China’s relaxation of its strict zero-Covid policies. Bullion had been hurt by the Fed’s aggressive rate hikes this year, but recent...
The price of gold advanced after Federal Reserve Chair Jerome Powell signaled the pace of tightening would slow at the next meeting, writes Bloomberg, ahead of economic data that could bear on the central bank’s future rate hikes.
This week, UBS identified three structural reasons in favor of gold: 1) Long-term investors and the official sector are gradually building gold allocations. Central banks have been net buyers of gold for more than a decade now, amid a...
The best performing precious metal for the week was gold, but still down 1.04%. Torex Gold announced adjusted earnings per share (EPS) of $0.40, beating consensus of $0.33 on pre-reported gold sales of 119,800 ounces.
