Gold – John Hathaway

Featuring

John Hathaway, Senior Portfolio Manager at Tocqueville Asset Management, talks all things gold, exploring the fundamental appeal of gold in a ‘global reset’, concerns regarding paper gold and speculative trading, and a rapid decrease in gold production over the next 3 years.

Published on
30 December, 2015
Topic
Gold, Monetary policy, Hard Commodities
Duration
24 minutes
Asset class
Commodities
Rating
23

Comments

  • EK

    Emil K.

    28 4 2016 22:26

    1       0

    Smart people that do not appear to be flame throwing trolls keep bringing up The Reset. We can ignore them because it's scary and "that's crazy" or we can begin to get our financial affairs in order.

  • fg

    flavio g.

    16 1 2016 11:05

    1       1

    If we consider Gold just like any other asset, what is the problem of cash settlements? I mean, aren't any kind of futures settled in cash? Why should Gold be any different?

  • SL

    Steven L.

    8 1 2016 03:10

    1       0

    I guess I'm one of the 10,000. I knew all of the information presented but found it useful to have it all condensed into this presentation.

  • db

    don b.

    5 1 2016 01:41

    2       0

    John Hathaway is on fire. What a great way to start off 2016.

  • JV

    James V.

    1 1 2016 15:42

    8       0

    Re: John's comment on Global Reset: suggest Currency Wars author Jim Rickard's. First person (I believe) to start talking about a global monetary reset years ago. Smart and articulate.

  • JV

    James V.

    1 1 2016 15:32

    14       0

    Brilliant, cogent analysis from an experienced market veteran of the difference between the paper and physical gold markets, the forces driving them, and what will turn the 4 year bear market around.

  • CL

    Chewy L.

    1 1 2016 10:49

    4       0

    is there anyway to find out maturity on those GLD calls by druckenmiller?

  • CL

    Chewy L.

    31 12 2015 10:43

    3       0

    Would be nice to know their conviction levels in 2012-13 and if they admitted to their mistakes

  • JS

    John S.

    31 12 2015 04:53

    18       0

    Global Reset scenarios - something worthy of discussion on RVTV. Seems inevitable at some point in time. We need to be getting our heads around this, be alive to warning signs and start positioning

  • rR

    robert R.

    30 12 2015 22:18

    3       0

    Thanks John..I thought I had seen that somewhere. I also reviewed the SEC filings and saw it at
    http://www.sec.gov/Archives/edgar/data/1536411/000153641115000008/xslForm13F_X01/form13f_20150930.xml

  • jd

    john d.

    30 12 2015 21:44

    2       0

    SD, as per 8/12/15 13f disclosure has sold GLD SPDR ETF (21.8%). However, he has replaced this with GLD Call SPDR ETF (26.8%). Link: http://whalewisdom.com/filer/duquesne-family-office-llc
    Cheers
    J

  • WM

    Will M.

    30 12 2015 20:20

    3       0

    JH comments re people currently not caring about the gold market is a good observation. Feels like gold is close to washout with near record short interest. Agree with his overall sentiments.

  • rR

    robert R.

    30 12 2015 17:31

    0       0

    I thought drukenmiller actually replaced his GLD with call options.

  • MS

    Marc S.

    30 12 2015 16:03

    12       0

    On 27 October 2011, John said "I am very bullish on the future of the price of gold and gold equities. Equities present extraordinary opportunities'. Since: gold down 40%, equities down 75-90%. Ouch.

  • TW

    Thomas W.

    30 12 2015 14:57

    32       3

    JH know EXACTLY how the manipulation's accomplished, who's actually doing the rigging, who ordered it & who's bought off to see no evil. Choosing his words carefully..

    Please make him a regular.

  • bp

    bart p.

    30 12 2015 13:59

    6       0

    Druckenmiller liquidated his GLD position quite soon after reporting it.