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Frank E. Holmes

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Frank Holmes is CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sectors. The companys no-load mutual funds include the Global Resources Fund (ticker PSPFX), the World Precious Minerals Fund (UNWPX) and the Gold Shares Fund (USERX).

Please consider carefully the funds investment objectives, risks, charges and expenses. For this and other important information, obtain a fund prospectus by visiting www.usfunds.com or by calling 1-800-US-FUNDS (1-800-873-8637). Read it carefully before investing. Distributed by U.S. Global Brokerage, Inc.

All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. Foreign and emerging market investing involves special risks such as currency fluctuation and less public disclosure, as well as economic and political risk.

The S&P/TSX Global Gold Index is an international benchmark tracking the world's leading gold companies with the intent to provide an investable representative index of publicly-traded international gold companies. The FTSE Gold Mines Index Series encompasses all gold mining companies that have a sustainable and attributable gold production of at least 300,000 ounces a year, and that derive 75% or more of their revenue from mined gold.

Holdings as a percentage of net assets as of 6/30/07: Jiangxi Copper (China Region Opportunity Fund 1.74%); Silvercorp Metals Inc. (World Precious Minerals Fund 2.78%, Global Resources Fund 0.89%, China Region Opportunity Fund 2.42%); Gold Fields Ltd. (Gold Shares Fund 6.05%, World Precious Minerals Fund 2.58%, Global Resources Fund 0.39%); Sino Gold Mining Ltd. (Gold Shares Fund 1.03%, World Precious Minerals Fund 0.58%, China Region Opportunity Fund 0.27%); Anglogold Ashanti (0.0%); Dynasty Gold (0.0%).

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Latest Archive

Crypto SWOT: The decentralized exchange PancakeSwap has launched a gaming marketplace

Monday November 20, 2023 10:39AM

(Kitco commentary) - The decentralized exchange PancakeSwap has launched a gaming marketplace. The new platform lets developers build, launch, and update games with Web3 elements such as cryptocurrency and NFTs, writes Bloomberg.

Gold SWOT: UBS expects gold to reach new heights in 2024 and 2025

Monday November 20, 2023 10:33AM

(Kitco commentary) - The best performing precious metal for the week was palladium, up 8.50%, likely on the prospects of interest rate cuts that could spur industrial growth and stronger auto demand.

Crypto SWOT: Circle Internet Financial is considering going public in early 2024

Monday November 13, 2023 09:53AM

(Kitco commentary) - Of the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was FTT, rising 197.31%.

Gold SWOT: Palladium dropped below $1,000 an ounce for the first time in five years

Monday November 13, 2023 09:42AM

(Kitco commentary) - The best performing precious metal for the week was gold, but still off 2.98%. China topped its gold holdings for a twelfth straight month in October, adding to a wave of purchases by global central banks that has lent support to bullion prices.

Crypto SWOT: Bitcoin briefly set a fresh 17-month high last week before retreating

Monday November 6, 2023 04:15PM

(Kitco commentary) - Bitcoin briefly set a fresh, 17-month high before retreating from the $35,000 price level as traders say the battle between crypto bulls and bears is intensifying in the derivates market, writes Bloomberg.

Gold SWOT: Gold futures put in their fourth weekly gain last week

Monday November 6, 2023 03:18PM

(Kitco commentary) - The best performing precious metal for the week was platinum, up 4.90%, but lacked headline news around the price movement.

Crypto SWOT: JPM Coin now handles $1 billion transactions daily

Monday October 30, 2023 10:42AM

(Kitco commentary) - Of the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was FLOKI, rising 84.97%.

Gold SWOT: Year-to-date, gold is beating the S&P 500 Index

Monday October 30, 2023 10:06AM

(Kitco commentary) - The best performing precious metal for the week was palladium, up 1.78%. U.S. stocks are in their third monthly decline while underwhelming corporate earnings and yields climbing above 5% have investors pondering their choices.

Crypto SWOT: Bitcoin topped $30,000 last week on growing expectations of a spot Bitcoin ETF approval

Monday October 23, 2023 10:56AM

(Kitco commentary) - Bitcoin and other cryptocurrencies weakened on Thursday, but digital assets remained at relatively elevated levels as hopes persist that regulators will soon approve a spot Bitcoin ETF, a key catalyst for cryptos, writes Bloomberg.

GOLD SWOT: Gold hit a 13- week high last week on the back of safe-haven demand

Monday October 23, 2023 10:34AM

(Kitco commentary) - - The best performing precious metal for the week was silver, rising 2.75%. Gold hit a 13-week high due to increasing geopolitical tensions and war between Israel and Palestine.