POWER OF ATTORNEY
We the undersigned officers and directors of U.S. Global Investors,
Inc. ("Company"), do hereby severally constitute and appoint Frank E. Holmes,
Susan B. McGee and David J. Clark, and each of them acting singularly, as our
true and lawful attorneys, with full powers to them and each of them to sign for
us, in our names in the capacities indicated below, any Amendment to the Annual
Report of the Company on Form 10-K to be filed with the Securities and Exchange
Commission and to take such further action in respect thereto as they, in their
sole discretion, deem necessary to enable the Company to comply with the
provisions of the Securities Act of 1933, as amended, and all requirements and
regulations of the Securities and Exchange Commission, hereby ratifying and
confirming our signatures as they may be signed by our said attorneys to any and
all documents related to said amendment to the Annual Report.
IN WITNESS WHEREOF, we have hereunto set our hands on the dates
indicated below.
Signature Title Date
- ----------------------------- ---------------------- ---------------------
/s/ Bobby D. Duncan Director September 18, 1998
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Bobby D. Duncan
/s/ Frank E. Holmes Director September 18, 1998
- ----------------------------- Chief Executive Officer
Frank E. Holmes
/s/ Thomas F. Lydon Director September 18, 1998
- -----------------------------
Thomas F. Lydon
/s/ J. Stephen Penner Director September 18, 1998
- -----------------------------
J. Stephen Penner
/s/ Jerold H. Rubinstein Director September 18, 1998
- -----------------------------
Jerold H. Rubinstein
/s/ Roy D. Terracina Director September 18, 1998
- -----------------------------
Roy D. Terracina
/s/ Susan B. McGee President, Secretary September 18, 1998
- ----------------------------- General Counsel
Susan B. McGee
/s/ David J. Clark Chief Financial Officer September 18, 1998
- ----------------------------- Chief Accounting Officer
David J. Clark