SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): JANUARY 26, 2007 U.S. GLOBAL INVESTORS, INC. ------------------------------------------------------------------------------ (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) TEXAS 0-13928 74-1598370 ------------------------------------------------------------------------------ (STATE OR OTHER JURIS- (COMMISSION (IRS EMPLOYER DICTION OF INCORPORATION) FILE NUMBER) IDENTIFICATION NO.) 7900 CALLAGHAN ROAD, SAN ANTONIO, TEXAS 78229 ------------------------------------------------------------------------------ (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: 210-308-1234 ------------------------------------------------------------------------------ (FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT) ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION. ON JANUARY 26, 2007, U.S. GLOBAL INVESTORS, INC. ISSUED A PRESS RELEASE REPORTING THE PERFORMANCE FEE TO DATE ACCRUING TO U.S. GLOBAL INVESTORS, INC. FOR SERVING AS EQUITY INVESTMENT MANAGER FOR ENDEAVOUR MINING CAPITAL. A COPY OF THE PRESS RELEASE IS ATTACHED AND BEING FURNISHED AS EXHIBIT 99. SIGNATURES PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, THE REGISTRANT HAS DULY CAUSED THIS REPORT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED HEREUNTO DULY AUTHORIZED. U.S. GLOBAL INVESTORS, INC. BY: /s/ Susan B. McGee --------------------------------- SUSAN B. MCGEE PRESIDENT/GENERAL COUNSEL DATED: JANUARY 26, 2007