EXHIBIT 32.2 - CERTIFICATION OF CHIEF FINANCIAL  OFFICER PURSUANT TO SECTION 906
OF THE SARBANES-OXLEY ACT OF 2002



Pursuant to Section 906 of the  Sarbanes-Oxley  Act of 2002 (subsections (a) and
(b)  of  Section  1350,  Chapter  63 of  Title  18,  United  States  Code),  the
undersigned  officer of U.S. Global Investors,  Inc. (the "Company") does hereby
certify, to such officer's knowledge, that:

The Quarterly  Report on Form 10-Q for the quarter ended  September 30, 2003, of
the Company fully  complies with the  requirements  of Section 13(a) or 15(d) of
the Securities  Exchange Act of 1934 and information  contained in the Form 10-Q
fairly presents,  in all material respects,  the financial condition and results
of the operations of the Company.





Date: November 14, 2003    /s/ Tracy C. Peterson
                           -----------------------
                           Tracy C. Peterson
                           Chief Financial Officer