<ARTICLE>                     5
<LEGEND>
This financial data schedule  contains summary financial  information  extracted
from the consolidatd financial statements found in Part IV, Item 14, of the U.S.
Global Investors, Inc. Annual Report on Form 10-K for the fiscal year ended June
30,  1999,  and is  qualified  in its  entirety by  refernce  to such  financial
statements.
</LEGEND>

                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                              JUN-30-1999
<PERIOD-START>                                 JUL-01-1998
<PERIOD-END>                                   JUN-30-1999
<CASH>                                           1,025,247
<SECURITIES>                                     1,255,677
<RECEIVABLES>                                    1,621,144
<ALLOWANCES>                                             0
<INVENTORY>                                              0
<CURRENT-ASSETS>                                 3,601,285
<PP&E>                                           8,260,886
<DEPRECIATION>                                  (5,834,294)
<TOTAL-ASSETS>                                   8,328,138
<CURRENT-LIABILITIES>                            1,160,176
<BONDS>                                                  0
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                           339,814
<OTHER-SE>                                       5,572,424
<TOTAL-LIABILITY-AND-EQUITY>                     8,328,138
<SALES>                                          9,018,072
<TOTAL-REVENUES>                                 9,018,072
<CGS>                                                    0
<TOTAL-COSTS>                                    9,944,508
<OTHER-EXPENSES>                                 9,817,560
<LOSS-PROVISION>                                         0
<INTEREST-EXPENSE>                                 126,947
<INCOME-PRETAX>                                 (1,669,477)
<INCOME-TAX>                                       183,329
<INCOME-CONTINUING>                             (1,852,806)
<DISCONTINUED>                                           0
<EXTRAORDINARY>                                          0
<CHANGES>                                                0
<NET-INCOME>                                    (1,852,806)
<EPS-BASIC>                                          (0.28)
<EPS-DILUTED>                                        (0.28)