"Economic uncertainty continues...Slowdown in business has us revising our 2020-21 capital spend...The order book continues to shrink below our forecast levels...Profits are elusive...Tariffs are still a question."
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Frank Holmes is chief executive officer and chief investment officer of US Global Investors Inc., a registered investment adviser managing approximately $4.8 billion in 13 no-load mutual funds and for other advisory clients. A Toronto native, he bought a controlling interest in US Global Investors in 1989, after an accomplished career in Canada's capital markets. His specialized knowledge gives him expertise in resource-based industries and money management.
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