OPEC Unlikely to Make Production Cuts, Consensus SaysMembers of the Organization of the Petroleum Exporting Countries OPEC will be meeting on the 27th, and no doubt the discussion will center on whether to curb production to help oil prices recover. However, a new poll shows that commodity and energy investors do not believe such a cut will occur. According to BMO Capital Markets, 87 percent of those polled believed that no cut would be agreed on. Even those who said a cut would happen believed it would be no more than a million barrels a day, an insignificant amount.Of course, this is merely a poll, but we might be looking at cheap oil and gas for an indefinite amount of time, with a bottom possibly reached sometime between now and February.In the meantime, American producers will continue to pour out record levels of oil, and President Vladimir Putin’s antics in Ukraine will continue to stir up geopolitical tension. Saudi Arabia appears to be more aligned with Europe and the U.S. against Russia, Syria and Iran.All of this short-term activity might be bad for the fracking industry, but the big winners are consumers and investors. We’re in a steady, modest expansion of our economy and this is good for investing in domestic stocks. Please consider carefully a fund’s investment objectives, risks, charges and expenses. For this and other important information, obtain a fund prospectus by visiting www.usfunds.com or by calling 1-800-US-FUNDS 1-800-873-8637. Read it carefully before investing. Distributed by U.S. Global Brokerage, Inc.Past performance does not guarantee future results.Gold, precious metals, and precious minerals funds may be susceptible to adverse economic, political or regulatory developments due to concentrating in a single theme. The prices of gold, precious metals, and precious minerals are subject to substantial price fluctuations over short periods of time and may be affected by unpredicted international monetary and political policies. We suggest investing no more than 5% to 10% of your portfolio in these sectors.Stock markets can be volatile and can fluctuate in response to sector-related or foreign-market developments. For details about these and other risks the Holmes Macro Trends Fund may face, please refer to the fund’s prospectus.The NYSE Arca Airline Index XAL is an equal-dollar weighted index designed to measure the performance of highly capitalized companies in the airline industry. The XAL Index tracks the price performance of major U.S. and overseas airlines.Fund portfolios are actively managed, and holdings may change daily. Holdings are reported as of the most recent quarter-end. Holdings in the funds mentioned as a percentage of net assets as of 9/30/2014: Ford Motor Company 0.00%; General Motors 0.00%; Walmart 0.00%; Tiffany & Co. 0.44% in Gold and Precious Metals Fund; Virgin America 0.00%; Tesla Motors 2.09 in All American Equity Fund, 2.93% in Holmes Macro Trends Fund; Morgan Stanley 0.00%.All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. By clicking the links above, you will be directed to a third-party websites. U.S. Global Investors does not endorse all information supplied by this/these websites and is not responsible for its/their content.