Frank Holmes
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. He is also the co-author of " The Goldwatcher: Demystifying Gold Investing ." He's 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. Learn more here .
Articles by Frank Holmes
- Market Intelligence
Gold Bears Are Winning for Now. Should Investors Care?
Geopolitical risk is escalating and confidence in fiat currency is being questioned—gold can suddenly move in the opposite direction.
- Research
Most Investors Aren’t Ready for What These IPOs Could Trigger
I want to help you think through what this could really mean—for your retirement account, and for the indexes you probably own without realizing it.
- Active Insights
What a $13.7 Billion Hedge Fund Sees in the Future of AGI Infrastructure
- Research
AI Turned Taiwan Into Most Dangerous Economic Flashpoint on Earth
It’s a helpful framework for understanding markets and geopolitics, and right now, there’s no better place to apply it than Taiwan.
- Artificial Intelligence
AI Could Cut U.S. Healthcare Costs by Trillions—These Companies Are Positioned to Win
Early detection, I believe, is one of the smartest investments you can make, whether we’re talking about your portfolio or your health.
- Market Intelligence
The AI Sovereignty Boom Has a Surprising Winner: Bitcoin Miners
Whoever has the largest AI ecosystem will set global AI standards and reap broad economic and military benefits
- Research
Washington Eyes Airline Takeover as Industry Economics Flip
Administration is negotiating a $500 million rescue package for Spirit Airlines, in a deal that could give Washington the option to control as much as 90%
- Research
Crude Crash Sparks Airline Rally as Mega-Merger Talks and Bankruptcies Collide
Friday morning brought the kind of headline that moves markets before most investors have finished their coffee.
- Active Insights
AI Warfare Is Driving a Massive Shift in Defense Spending and Stocks
What’s emerging is a new defense-industrial revolution built on artificial intelligence AI and autonomy.
- Active Insights
Energy Shock Hits Aviation Hard, but Industry Outlook Isn’t Breaking
Since the U.S. and Israel launched strikes on Iran on February 28, jet fuel prices in the U.S. have more than doubled.
- Active Insights
Markets Flash Oversold Signals as Energy Shock Reshapes Global Trade
In the stock market, though, applying math, standard deviation and mean reversion to your investment decision is perfectly legal.
- Market Intelligence
Something Isn’t Adding up in Oil Markets Right Now
Since hostilities began in the Middle East three weeks ago, I’ve urged investors to stay calm and resist the temptation to panic-sell.
- Market Intelligence
Gold Pullback Amid War Signals Bigger Shift in Inflation, Rates, and Markets
Despite hostilities raging in the Middle East, gold has struggled to gain traction and is even down modestly from recent highs.
- Active Insights
Think Selling Is Smart During War? History Suggests Otherwise
This conflict is likely to be intense but short-lived, and the investors who keep their composure will be the ones best positioned when the dust settles.
- Research
Oil Spikes and Political Noise Can’t Ground This Travel Surge
Despite the negative headlines, rising oil prices and a healthy dose of political noise, global travel is running at full throttle.
- Market Intelligence
Bitcoin Capitulation: Why Extreme Fear May Be Creating a Rare Contrarian Opportunity
Four months ago, digital assets underwent what I believe was the most consequential liquidation event in their history.
- Research
Markets at the Edge of a New Global Era
Conversely, a weak U.S. creates dangerous power vacuums that China and Russia are all too eager to fill.
- Market Intelligence
Bitcoin Miners Built the AI Infrastructure Wall Street Is Chasing
Since ChatGPT burst onto the scene in 2022, artificial intelligence has moved from science-fiction to reality. For many, AI has become a necessity.
- Market Intelligence
Gold Hits a Record High as Fed Independence Comes Under Scrutiny
The Bank of Japan’s recent policy shift is sending shockwaves through global markets.
- Research
Greenland: Strategic Prize or High-Stakes Miscalculation?
Seven hundred billion dollars. That’s the figure being floated as the potential price tag for acquiring Greenland, according to recent reporting.
- Research
A Historic Shift: The World’s Largest Oil Reserves Move Under U.S. Control
What happened in Venezuela last weekend may turn out to be the most consequential energy and geopolitical event of the decade.
- Research
Silver’s Surge, Gold’s Grip, and the New Shape of Global Markets
Silver was the best-performing commodity last year, up an astounding 145%, but precious metals as a whole delivered solid returns.
- Research
Venezuela’s Oil Blockade Reveals a Fragile Fault Line in Global Energy Markets
Venezuela’s crude is famously heavy and sour, meaning it’s thick, high in sulfur and difficult to process.
- Research
The Housing Crisis Isn’t About Homes. It’s About the Dollar. Gold Proves It.
Make here is that the so-called affordability crisis isn’t just about the cost of homes or other assets. It’s about the cost of money.
- Research
The Real AI Arms Race Isn’t Chips—It’s Copper. And We’re Running Out.
Think about that for a second. A single AI data center that uses more copper than three conventional facilities combined.
- Research
Americans Say They’re Worried—but Their Spending Tells a Very Different Story
As investors, I think it’s important to look not just at what consumers are saying but also what they’re doing.
- Research
Nvidia CEO Sounds the Alarm: China’s Rapid AI Rise Threatens U.S. Dominance
I believe the U.S.-China tech rivalry will guide the direction of AI for years to come. Both nations are moving quickly.
- Market Intelligence
Gold Just Had Its Most Explosive Quarter in History — And the Next Leg Higher May Be Even Bigger
Gold blasted through $4,400 for the first time ever before cooling off. Even after a normal, expected pullback, the metal continues to trade above $4,100.
- Research
What Zohran Mamdani’s Win Reveals About the Future of Capitalism in America
- ETF
AI Stocks Are Overheating—Here’s Why Gold and Silver Could Shine Next
AI stocks, precious metals look overbought; but unlike AI stocks, they’re structurally underinvested. As such, we believe they deserve another look.
- Research
From Tariffs To Treats: What History Says About Stocks After Halloween
Yale’s Budget Lab estimates that this translates into an income loss of around $1,800 per household this year alone, a not-insignificant amount.
- Market Intelligence
The Race for Magnetic Gold: Why Rare Earths Could Define the Next Decade
I think it’s a question worth asking as technology and finance become ever more inextricable.
- Research
Luxury’s Catching Its Breath—Not Crashing: The Hidden Catalyst Behind the Next Boom
Investors who understand the long-term fundamentals of this market should see today’s pause not as a warning sign but an opportunity.
- Research
Turbulence Ahead? Why Airline Investors Shouldn’t Panic Over the Shutdown
But for investors, especially those with an eye on airlines, the story might not be as grim as it looks on the surface.
- Active Insights
The Trojan Strategy: China’s Expanding Footprint in Latin America
Taken together, these moves reveal China’s imperial ambitions, which include a network of ports, power grids and rails.
- Market Intelligence
The Most Underowned Asset in a Market Obsessed With AI
Like AI stocks, precious metals look overbought; but unlike AI stocks, they’re structurally underinvested.