FAIR VALUEDISCLOSURES (Tables)

3 Months Ended

Sep. 30, 2012

Fair Value Measurements on Recurring Basis

The following table presents fair value measurements, as of September 30, 2012, for the three major categories of U.S. Global’s investments measured at fair value on a recurring basis:

	Fair Value Measurement using (in thousands)
	September 30, 2012
	Quoted Prices		Significant Other Inputs		Significant Unobservable Inputs		Total
	(Level 1)		(Level 2)		(Level 3)
Trading securities
Common stock	$	227	$	34	$	-	$	261
Mutual funds		4,041		-		-		4,041
Offshore fund		-		1,086		-		1,086
Total trading securities		4,268		1,120		-		5,388
Available-for-sale securities
Common stock		1,272		-		-		1,272
Venture capital investments		-		-		168		168
Mutual funds		2,705		-		-		2,705
Offshore fund		-		4,866		-		4,866
Total available-for-sale securities		3,977		4,866		168		9,011
Total Investments	$	8,245	$	5,986	$	168	$	14,399

Investments Measured at Fair Value on Recurring Basis

The following table presents additional information about investments measured at fair value on a recurring basis and for which the Company has utilized significant unobservable inputs to determine fair value:

Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis
For the Three Months Ended September 30, 2012 (in thousands)
	Venture Capital Investments
Beginning Balance	$	168
Return of capital		-
Total gains or losses (realized/unrealized)
Included in earnings (or changes in net assets)		-
Included in other comprehensive income		-
Purchases, issuances, and settlements		-
Transfers in and/or out of Level 3		-
Ending Balance	$	168