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Bron Suchecki
Member since May 2012
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Delusions so obvious

- Bron Suchecki - Perth Mint

"propagates the delusion that GLD, SLV, COMEX futures contracts and the Perth Mint Certificate Program are sound
investment vehicles run by honest trustworthy bankers"

Suggest you read my blog. I have said the ETFs are to be avoided http://goldchat.blogspot.com.au/2008/12/warning-on-existing-au-and-new-ag-pt-pd.html and see this for comments on manipulation http://goldchat.blogspot.com.au/2013/05/questions-from-tf-metals-report-readers.html

See also my response to this comment at http://goldchat.blogspot.com.au/2013/05/delusions-so-obvious.html

Quote: "In a previous post you said, "BTW, Perth Mint once had a new hire in our Treasury department suggest we should trade on COMEX. That got laughed at (and that was before MF Global). We will take our chances in the OTC market, where at least we can pick our counterparties, do due dilligence on them, and trade on our terms." I am curious what behavior Comex has engaged in that led to that statement. Thanks."

Me: "MF Global."

Commented 3985 days ago

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Beginning of the headline :Time to catch up on some articles that caught my eye this week. First up is Charles Hugh Smith who picked up a quote that really resonated with me: The obvious can be dangerous. The deluded man frequently finds his delusions so obvious that he can hardly credit the good faith of those who do not share them. because I've often been on the receiving end of this. The problem with much of the precious metal commentary is that it seeks to explain market action in terms of obviousness, black and... Read More

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