SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	July 31, 2015
Estimated average burden
hours per response:		23.8

Report for the Calendar Year or Quarter Ended:

06-30-2024

Check here if Amendment		Amendment Number:
This Amendment (Check only one.):		is a restatement.
		adds new holdings entries.

Institutional Investment Manager Filing this Report:
Name:	U S GLOBAL INVESTORS INC
Address:	7900 CALLAGHAN ROAD

	SAN ANTONIO, TX 78229
Form 13F File Number:	028-02220

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name:	Lisa Callicotte
Title:	CFO
Phone:	210-308-1234
Signature, Place, and Date of Signing:
/s/ Lisa Callicotte		San Antonio, TX	07-23-2024
[Signature]		[City, State]	[Date]

Report Type (Check only one.):
X	13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
	13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
	13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

Form 13F Summary Page
	Report Summary:
	Number of Other Included Managers:	0
	Form 13F Information Table Entry Total:	163
	Form 13F Information Table Value Total:	1,054,634,912
		(thousands)

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
NONE

SEC FORM 13-F Information Table

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	July 31, 2015
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
AGNICO EAGLE MINES LTD	COM	008474108	163,500	2,500	SH		SOLE		0	2,500	0
AGNICO EAGLE MINES LTD	COM	008474108	1,308,000	20,000	SH		SOLE		0	20,000	0
AIR TRANSPORT SE	COM	00922R105	24,561,225	1,819,350	SH		SOLE		0	1,819,350	0
ALAMOS GOLD INC NEW	COM CL A	011532108	3,920,000	250,000	SH		SOLE		0	250,000	0
ALASKA AIR GROUP	COM	011659109	39,643,811	943,451	SH		SOLE		0	943,451	0
ALLEGIANT TRAVEL	COM	01748X102	25,973,889	488,231	SH		SOLE		0	488,231	0
A-MARK PRECIOUS METALS INC	COM	00181T107	485,550	15,000	SH		SOLE		0	15,000	0
AMAZON COM INC	COM	023135106	2,315,135	11,980	SH		SOLE		0	11,980	0
AMERICAN AIRLINE	COM	02376R102	98,670,794	8,580,069	SH		SOLE		0	8,580,069	0
AMERICAN EXPRESS CO	COM	025816109	486,255	2,100	SH		SOLE		0	2,100	0
ANGLOGOLD ASHANTI PLC	COM SHS	G0378L100	1,633,450	65,000	SH		SOLE		0	65,000	0
APOLLO GLOBAL MGMT INC	COM	03769M106	1,771,050	15,000	SH		SOLE		0	15,000	0
ATLAS LITHIUM CORP	COM NEW	105861306	31,140	3,000	SH		SOLE		0	3,000	0
AZUL SA-ADR	SPONSR ADR PFD	05501U106	4,324,891	793,558	SH		SOLE		0	793,558	0
B2GOLD CORP	COM	11777Q209	472,500	175,000	SH		SOLE		0	175,000	0
BARRICK GOLD CORP	COM	067901108	250,200	15,000	SH		SOLE		0	15,000	0
BARRICK GOLD CORP	COM	067901108	417,000	25,000	SH		SOLE		0	25,000	0
BHP GROUP LTD	SPONSORED ADS	088606108	199,815	3,500	SH		SOLE		0	3,500	0
BLACKSTONE INC	COM	09260D107	1,522,740	12,300	SH		SOLE		0	12,300	0
BOEING CO/THE	COM	097023105	20,765,628	116,917	SH		SOLE		0	116,917	0
BOOKING HOLDINGS	COM	09857L108	26,298,501	6,964	SH		SOLE		0	6,964	0
BP PLC	SPONSORED ADR	055622104	361,000	10,000	SH		SOLE		0	10,000	0
BUNGE GLOBAL SA	COM SHS	H11356104	480,465	4,500	SH		SOLE		0	4,500	0
CAMECO CORP	COM	13321L108	492,000	10,000	SH		SOLE		0	10,000	0
CANADIAN NAT RES LTD	COM	136385101	213,600	6,000	SH		SOLE		0	6,000	0
CANADIAN SOLAR INC	COM	136635109	147,500	10,000	SH		SOLE		0	10,000	0
CARNIVAL CORP	UNIT 99/99/9999	143658300	1,183,104	63,200	SH		SOLE		0	63,200	0
CENTERRA GOLD IN	COM	152006102	515,666	75,000	SH		SOLE		0	75,000	0
CENTERRA GOLD IN	COM	152006102	1,718,888	250,000	SH		SOLE		0	250,000	0
CENTERRA GOLD IN	COM	152006102	4,259,974	619,583	SH		SOLE		0	619,583	0
CENTERRA GOLD IN	COM	152006102	446,911	65,000	SH		SOLE		0	65,000	0
CF INDS HLDGS INC	COM	125269100	370,600	5,000	SH		SOLE		0	5,000	0
CHENIERE ENERGY INC	COM NEW	16411R208	1,311,225	7,500	SH		SOLE		0	7,500	0
COEUR MNG INC	COM NEW	192108504	281,000	50,000	SH		SOLE		0	50,000	0
COEUR MNG INC	COM NEW	192108504	983,500	175,000	SH		SOLE		0	175,000	0
CONOCOPHILLIPS	COM	20825C104	171,570	1,500	SH		SOLE		0	1,500	0
CONSTELLATION BRANDS INC	CL A	21036P108	1,785,523	6,940	SH		SOLE		0	6,940	0
COPA HOLDIN-CL A	CL A	P31076105	5,765,350	59,296	SH		SOLE		0	59,296	0
DAQO NEW ENERGY CORP	SPNSRD ADS NEW	23703Q203	109,500	7,500	SH		SOLE		0	7,500	0
DECKERS OUTDOOR CORP	COM	243537107	963,110	995	SH		SOLE		0	995	0
DELTA AIR LI	COM NEW	247361702	153,703,056	3,012,604	SH		SOLE		0	3,012,604	0
DENISON MINES CORP	COM	248356107	457,700	230,000	SH		SOLE		0	230,000	0
DIREXION SHS ETF TR	DLY S&P OIL GAS	25460G328	42,108	4,400	SH		SOLE		0	4,400	0
ELDORADO GOLD	COM	284902509	3,422,672	211,668	SH		SOLE		0	211,668	0
ELDORADO GOLD CORP NEW	COM	284902509	739,500	50,000	SH		SOLE		0	50,000	0
EMBRAER SA-ADR	SPONSORED ADS	29082A107	7,719,756	277,789	SH		SOLE		0	277,789	0
EMX ROYALTY CORP	COM	26873J107	2,449,002	1,250,000	SH		SOLE		0	1,250,000	0
ENCORE ENERGY CO	COM NEW	29259W700	722,043	150,000	SH		SOLE		0	150,000	0
EOG RES INC	COM	26875P101	314,675	2,500	SH		SOLE		0	2,500	0
EQUINOX GOLD CORP	COM	29446Y502	2,876,500	550,000	SH		SOLE		0	550,000	0
EXPEDIA GROUP IN	COM NEW	30212P303	19,728,831	174,808	SH		SOLE		0	174,808	0
EXPEDITORS INTL	COM	302130109	183,284	1,516	SH		SOLE		0	1,516	0
FEDEX CORP	COM	31428X106	184,121	725	SH		SOLE		0	725	0
FERRARI N V	COM	N3167Y103	755,485	1,850	SH		SOLE		0	1,850	0
FORTUNA MNG CORP	COM NEW	349942102	97,800	20,000	SH		SOLE		0	20,000	0
FORTUNA SILVER	COM NEW	349942102	6,912,160	1,107,718	SH		SOLE		0	1,107,718	0
FRANCO NEV CORP	COM	351858105	545,192	4,600	SH		SOLE		0	4,600	0
FRANCO NEV CORP	COM	351858105	948,160	8,000	SH		SOLE		0	8,000	0
FRANCO-NEVADA CO	COM	351858105	9,146,839	73,884	SH		SOLE		0	73,884	0
FRONTIER GROUP H	COM	35909R108	24,145,597	4,414,186	SH		SOLE		0	4,414,186	0
GATOS SILVER INC	COM	368036109	156,600	15,000	SH		SOLE		0	15,000	0
GATOS SILVER INC	COM	368036109	783,000	75,000	SH		SOLE		0	75,000	0
GENERAL DYNAMICS	COM	369550108	25,729,559	85,831	SH		SOLE		0	85,831	0
GOLD RESOURCE CORP	COM	38068T105	373,500	1,000,000	SH		SOLE		0	1,000,000	0
GOLDMAN SACHS GROUP INC	COM	38141G104	1,221,264	2,700	SH		SOLE		0	2,700	0
GRUPO AEROPO-ADR	SPON ADR SER B	40051E202	6,877,246	20,493	SH		SOLE		0	20,493	0
GXO LOGISTIC	COMMON STOCK	36262G101	186,554	3,714	SH		SOLE		0	3,714	0
HALLIBURTON CO	COM	406216101	337,800	10,000	SH		SOLE		0	10,000	0
HARMONY GOLD MINING CO LTD	SPONSORED ADR	413216300	1,834,000	200,000	SH		SOLE		0	200,000	0
HARMONY GOLD-ADR	SPONSORED ADR	413216300	3,300,579	362,701	SH		SOLE		0	362,701	0
HECLA MNG CO	COM	422704106	970,000	200,000	SH		SOLE		0	200,000	0
I-80 GOLD CORP	COM	44955L106	218,667	200,000	SH		SOLE		0	200,000	0
IAMGOLD CORP	COM	450913108	937,500	250,000	SH		SOLE		0	250,000	0
INGREDION INC	COM	457187102	458,800	4,000	SH		SOLE		0	4,000	0
INTERNATIONAL SE	COM	Y41053102	145,460	2,258	SH		SOLE		0	2,258	0
IVANHOE ELECTRIC	COM	46578C108	59,085	6,299	SH		SOLE		0	6,299	0
IVANHOE ELECTRIC	COM	46578C108	154,761	16,499	SH		SOLE		0	16,499	0
IVANHOE ELECTRIC	COM	46578C108	17,005	1,499	SH		SOLE		0	1,499	0
IVANHOE ELECTRIC	COM	46578C108	71,458	6,299	SH		SOLE		0	6,299	0
JETBLUE AIRWAYS	COM	477143101	28,771,534	5,146,965	SH		SOLE		0	5,146,965	0
JPMORGAN CHASE & CO	COM	46625H100	525,876	2,600	SH		SOLE		0	2,600	0
KIMBELL RTY PARTNERS LP	UNIT	49435R102	899,800	55,000	SH		SOLE		0	55,000	0
KINROSS GOLD CORP	COM	496902404	124,800	15,000	SH		SOLE		0	15,000	0
KINROSS GOLD CORP	COM	496902404	1,081,600	130,000	SH		SOLE		0	130,000	0
KKR & CO INC	COM	48251W104	2,152,158	20,450	SH		SOLE		0	20,450	0
LAUDER ESTEE COS INC	CL A	518439104	106,400	1,000	SH		SOLE		0	1,000	0
LIBERTY ENERGY INC	COM CL A	53115L104	156,675	7,500	SH		SOLE		0	7,500	0
LINDE PLC	SHS	G54950103	877,620	2,000	SH		SOLE		0	2,000	0
LULULEMON ATHLETICA INC	COM	550021109	1,657,785	5,550	SH		SOLE		0	5,550	0
MAKEMYTRIP LTD	SHS	V5633W109	7,424,525	98,221	SH		SOLE		0	98,221	0
MARATHON OIL CORP	COM	565849106	501,725	17,500	SH		SOLE		0	17,500	0
MARATHON PETE CORP	COM	56585A102	520,440	3,000	SH		SOLE		0	3,000	0
MATSON INC	COM	57686G105	144,994	1,131	SH		SOLE		0	1,131	0
METHANEX CORP	COM	59151K108	482,822	9,000	SH		SOLE		0	9,000	0
NEW GOLD INC	COM	644535106	3,851,840	1,758,831	SH		SOLE		0	1,758,831	0
NEW GOLD INC CDA	COM	644535106	68,250	35,000	SH		SOLE		0	35,000	0
NEW GOLD INC CDA	COM	644535106	97,500	50,000	SH		SOLE		0	50,000	0
NEW GOLD INC CDA	COM	644535106	292,500	150,000	SH		SOLE		0	150,000	0
NEW GOLD INC CDA	COM	644535106	1,950,000	1,000,000	SH		SOLE		0	1,000,000	0
NEXGEN ENERGY LTD	COM	65340P106	174,500	25,000	SH		SOLE		0	25,000	0
NIKE INC	CL B	654106103	376,850	5,000	SH		SOLE		0	5,000	0
NORWEGIAN CRUISE LINE HLDG L	SHS	G66721104	1,108,610	59,000	SH		SOLE		0	59,000	0
OCCIDENTAL PETE CORP	COM	674599105	630,300	10,000	SH		SOLE		0	10,000	0
ORLA MINING LTD	COM	68634K106	1,062,151	250,000	SH		SOLE		0	250,000	0
ORLA MINING LTD	COM	68634K106	219,483	51,660	SH		SOLE		0	51,660	0
OSISKO GOLD ROYA	COM	68827L101	3,578,618	214,932	SH		SOLE		0	214,932	0
OSISKO GOLD ROYA	COM	68827L101	2,002,348	120,000	SH		SOLE		0	120,000	0
OSISKO GOLD ROYALTIES LTD	COM	68827L101	155,800	10,000	SH		SOLE		0	10,000	0
OSISKO GOLD ROYALTIES LTD	COM	68827L101	155,800	10,000	SH		SOLE		0	10,000	0
OSISKO GOLD ROYALTIES LTD	COM	68827L101	459,610	29,500	SH		SOLE		0	29,500	0
OSISKO GOLD ROYALTIES LTD	COM	68827L101	779,000	50,000	SH		SOLE		0	50,000	0
PAN AMERN SILVER CORP	COM	697900108	596,400	30,000	SH		SOLE		0	30,000	0
PARAMOUNT GOLD NEV CORP	COM	69924M109	68,000	170,000	SH		SOLE		0	170,000	0
PERMIAN RESOURCES CORP	CLASS A COM	71424F105	242,250	15,000	SH		SOLE		0	15,000	0
PROSHARES TR II	ULTRASHRT NEW	74347W395	86,676	4,000	SH		SOLE		0	4,000	0
PROSHARES TR II	ULTRASHRT NEW	74347W395	195,021	9,000	SH		SOLE		0	9,000	0
RALPH LAUREN CORP	CL A	751212101	525,180	3,000	SH		SOLE		0	3,000	0
RANGE RES CORP	COM	75281A109	335,300	10,000	SH		SOLE		0	10,000	0
ROYAL CARIBBEAN GROUP	COM	V7780T103	478,290	3,000	SH		SOLE		0	3,000	0
ROYAL GOLD INC	COM	780287108	9,655,271	75,320	SH		SOLE		0	75,320	0
ROYAL GOLD INC	COM	780287108	406,770	3,250	SH		SOLE		0	3,250	0
ROYAL GOLD INC	COM	780287108	1,001,280	8,000	SH		SOLE		0	8,000	0
RYANAIR HLDG-ADR	SPONSORED ADS	783513203	10,383,312	85,361	SH		SOLE		0	85,361	0
SANDSTORM GOLD	COM NEW	80013R206	4,167,984	733,800	SH		SOLE		0	733,800	0
SCHLUMBERGER LTD	COM STK	806857108	283,080	6,000	SH		SOLE		0	6,000	0
SCORPIO TANKERS	SHS	Y7542C130	146,823	1,789	SH		SOLE		0	1,789	0
SEABRIDGE GOLD INC	COM	811916105	205,350	15,000	SH		SOLE		0	15,000	0
SEABRIDGE GOLD INC	COM	811916105	273,800	20,000	SH		SOLE		0	20,000	0
SELECT WATER SOLUTIONS INC	CL A COM	81617J301	535,000	50,000	SH		SOLE		0	50,000	0
SFL CORP LTD	SHS	G7738W106	126,515	8,841	SH		SOLE		0	8,841	0
SIBANYE-STI-ADR	SPONSORED ADR	82575P107	3,229,620	637,006	SH		SOLE		0	637,006	0
SIGMA LITHIUM CORPORATION	COM	826599102	36,090	3,000	SH		SOLE		0	3,000	0
SILVERCORP METALS INC	COM	82835P103	840,000	250,000	SH		SOLE		0	250,000	0
SILVERCREST META	COM	828363101	4,082,666	457,698	SH		SOLE		0	457,698	0
SILVERCREST META	COM	828363101	894,482	100,000	SH		SOLE		0	100,000	0
SILVERCREST META	COM	828363101	178,896	20,000	SH		SOLE		0	20,000	0
SKEENA RESOURCES	COM	83056P715	331,854	75,000	SH		SOLE		0	75,000	0
SKYWEST INC	COM	830879102	39,460,706	528,468	SH		SOLE		0	528,468	0
SOLITARIO RESOURCES CORP	COM	8342EP107	265,500	300,000	SH		SOLE		0	300,000	0
SOUTHWEST AIR	COM	844741108	98,311,968	3,662,890	SH		SOLE		0	3,662,890	0
SUN COUNTRY HOLD	COM	866683105	25,095,155	2,369,703	SH		SOLE		0	2,369,703	0
SYLVAMO CORP	COMMON STOCK	871332102	480,200	7,000	SH		SOLE		0	7,000	0
TEEKAY TANK-CL A	CL A	Y8565N300	321,253	4,411	SH		SOLE		0	4,411	0
TEXTRON INC	COM	883203101	23,033,808	262,913	SH		SOLE		0	262,913	0
TORM PLC-A	SHS CL A	G89479102	265,500	7,166	SH		SOLE		0	7,166	0
TOTALENERGIES SE	SPONSORED ADS	89151E109	266,720	4,000	SH		SOLE		0	4,000	0
TRIP.COM GRO-ADR	ADS	89677Q107	14,133,468	274,383	SH		SOLE		0	274,383	0
TRIPADVISOR INC	COM	896945201	16,151,578	880,195	SH		SOLE		0	880,195	0
TRIPLE FLAG	COM	89679M104	4,183,717	253,405	SH		SOLE		0	253,405	0
UBS GROUP AG	SHS	H42097107	2,008,720	68,000	SH		SOLE		0	68,000	0
UNITED AIRLINES	COM	910047109	152,548,725	2,878,821	SH		SOLE		0	2,878,821	0
UNITED PARCEL-B	CL B	911312106	166,021	1,195	SH		SOLE		0	1,195	0
UR-ENERGY INC	COM	91688R108	210,000	150,000	SH		SOLE		0	150,000	0
VIPER ENERGY INC	CL A	927959106	750,600	20,000	SH		SOLE		0	20,000	0
VIZSLA SILVER CO	COM NEW	92859G608	205,635	113,000	SH		SOLE		0	113,000	0
VIZSLA SILVER CO	COM NEW	92859G608	1,455,826	800,000	SH		SOLE		0	800,000	0
VOX ROYALTY CORP	COM	92919F103	554,000	200,000	SH		SOLE		0	200,000	0
VOX ROYALTY CORP	COM	92919F103	4,155,000	1,500,000	SH		SOLE		0	1,500,000	0
WHEATON PRECIOUS	COM	962879102	10,731,405	194,727	SH		SOLE		0	194,727	0
WHEATON PRECIOUS METALS CORP	COM	962879102	235,890	4,500	SH		SOLE		0	4,500	0
WHEATON PRECIOUS METALS CORP	COM	962879102	1,572,600	30,000	SH		SOLE		0	30,000	0
WYNN RESORTS LTD	COM	983134107	465,400	5,200	SH		SOLE		0	5,200	0
ZTO EXPRESS -ADR	SPONSORED ADS A	98980A105	204,814	8,987	SH		SOLE		0	8,987	0