Jacques Bally Benedicte Gravrand, Opalesque Geneva:
Jacques Bally, founder of Bally Capital Advisors SA, a Swiss-based investment advisory management company that organized the March Swiss Mining Institute conference in Geneva, talks at length to Opalesque about the safety of gold, gold cycles, investing in mining companies and gold funds.
Opalesque: What kind of investors invest in gold here?
Jacques Bally: Usually investors in Switzerland are interested by a safe asset management that is quite prudent because when they come to Switzerland, their idea is to keep the capital that they have earned over many years safe in a good jurisdiction and not to over-speculate with this capital.
In that trend, of course gold, mainly physical gold, silver and to a lesser extent palladium and platinum are part of a portfolio.
Opalesque: All physical?
Jacques Bally: All physical. Of course, then you have some people talking a lot about the possibility to have these metals physically in their own safe instead of having it in the bank or in the mountains. We have heard a lot of different stories, and we even have a few asset managers in Zurich offering places or premises of the Swiss army to store some gold for customers. So when it comes to safety, you can push the ball qu......................
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