Fri, Jul 3, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

Gold market set for major advance, but timing ‘frustrating’ - Hathaway

Posted on 11 October 2013

Tocqueville Gold Fund Portfolio Manager and Senior Managing Director, John Hathaway, suggests “a gathering loss of investor credibility” exists in the traditional intermediaries between financial markets and bullion, such as Comex and LBMA.
Hathaway asserts, “These intermediaries in reality offer only a very indirect connection to physical metal and depend on a highly levered structure of collateral re-hypothecation, and in our opinion, market ignorance, in order to operate.”……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 41254 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
July 2015
S M T W T F S
« Jun    
 1234
567891011
12131415161718
19202122232425
262728293031