John Stadtmiller June 21 2011 Roundtable-Noel, Bennett but no Bob Chapman !!!

John Stadtmiller June 21 2011 Roundtable-Noel, Bennett-Commercial Free. Weekly honest open discussion round-table about the behind the scenes happenings in the financial world. Some say this is the best two hours in radio. Robby Noel and Jeff Bennett, no Bob Chapman.

Mining Shares vs Gold Prices

Mining Shares Versus Gold Prices the reasons for the relative underperformance of shares in gold and silver mining companies versus the performance of the metals Costs for miners have risen substantially in recent years due to rising prices and environmental regulations widening the gap between mining share prices and the price of gold, Charlie Morris, head of absolute return at HSBC Global Asset Management told CNBC Friday, the tremendous potential in mining stocks and how these have been suppressed too, despite rising gold prices. Given their tiny market capitalization he expects that when the rush comes, they will rise in value very rapidly and outshine even the dotcom bubble.



I think you can actually get the shares in paper form sent to you so it's not just an entitlement that can be claimed by a broker or something which you paid for but are not owning. I guess you need to think about lawyers & potential for a grab in a collapse. I assume this: #1 dishonest people will take opportunities #2 lawyers will survive the collapse (I know, but it's true, look at history, they're like cockroaches)
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bob Chapman : Central Banks Gold Holdings are bogus

Bob Chapman : The Central banks are allowed by the IMF to lease their gold , they lease it let's say to JP Morgan Chase hypothetically and they get 0.3 percent in interest , obviously they are not doing it to get an income or an income stream ...the IMF allows all these central banks if they chose to , to lease gold to say JP Morgan Chase let's say it is a billion dollars worth and let's say it is for ninety days and at the end of ninety days JP Morgan Chase does not return the gold they give the money US Dollars , so effectively the gold has not been leased it has been sold , now the IMF allows them and this is mind bugling all these central banks to carry all their leased gold on their books as still belonging to them even though they got paid for it , and so that's why all the figures that you see for the gold and silver holdings at the central banks around the world all are bogus