Why Freight Rates Are Soaring, and What the Shipyard Boom Means for Investors
by Frank Holmes, CEO/CIO, U.S. Global Investors Last week, a supertanker loading crude in the Gulf of Oman…
Gold Miners Beat Every S&P 500 Sector in Q3 Despite September Selloff
by Frank Holmes, CEO, CIO, U.S. Global Investors If you only looked at the price of gold in…
The Conviction Gap: What Most Advisor Portfolios Are Missing at the Core
Most advisor portfolios mistake active weight for manager conviction. Franklin Templeton's five-factor core equity suite fixes that, starting with a proprietary conviction signal that extracts what managers actually believe.
Why Big Tech’s AI Capex Is Now Outrunning Cash Flow
by Frank Holmes, CEO, CIO, U.S. Global Investors Early this week, I was in Los Angeles at the…
Copper Supply Faces First Annual Decline Since 2017
by Frank Holmes, CEO, CIO, U.S. Global Investors Copper set another record this week. Three-month metal on the…
Did America Just Become a Nation of Luddites?
by Frank Holmes, CEO, CIO, U.S. Global Investors Something strange has been happening in America lately. The Wall…
Gold Looks Oversold. Is This the Contrarian Moment Investors Have Been Waiting For?
by Frank Holmes, CEO, CIO, U.S. Global Investors Gold has always had a way of testing investors’ expectations.…
The Game Theory Behind Taiwan
by Frank Holmes, CEO, CIO, U.S. Global Investors I’ve long been a student of game theory, the branch…
Shipping Stocks Catch a Windfall as Freight Markets Go Vertical
by Frank Holmes, CEO, CIO, U.S. Global Investors Markets hate uncertainty, and right now there’s plenty to go…
The AI Defense Supercycle Has Already Begun
by Frank Holmes, CEO, CIO, U.S. Global Investors Last week I was at the MoneyShow in Las Vegas,…
Periodic Table of Commodities Returns: Silver Took the Gold in 2025
by Frank Holmes, CEO-CIO, U.S. Global Investors Every year around this time, we update one of our most…
Why the U.S.-China AI Arms Race Is Entering a Critical New Phase
by Frank Holmes, CEO, CIO, U.S. Global Investors Nvidia CEO Jensen Huang turned heads earlier this month when…
These Mining Stocks Have Rallied the Most from High Gold Prices
by Frank Holmes, CEO, CIO, U.S. Global Investors As someone who’s been involved in capital markets his entire…
The Case for Balancing AI Optimism with Gold Realism
by Frank Holmes, CEO, CIO, U.S. Global Investors Are artificial intelligence (AI) and Magnificent 7 stocks in a…
AI Data Center Building Spree Hits $40 Billion in a Single Month
by Frank Holmes, CEO, CIO, U.S. Global Investors One of the most critical resources in 2025 is compute…
Periodic Table of Commodities Returns 2024
by Frank Holmes, CEO, CIO, U.S. Global Investors At the start of every year, we publish our popular…