A Visit with John Hathaway of The Tocqueville Gold Fund

62

It was a thrill to get to visit with John Hathaway Wednesday evening. Not only is John a well-respected money manager, he's also someone who views the "gold market" in a manner that fits right in with TFMR. Therefore, please carve out some time to give this podcast a listen.

John Hathaway is Chairman of Tocqueville Asset Management where he's also the co-manager of the $1.3B Tocqueville Gold Fund. This is a traditional, actively-managed mutual fund that anyone can purchase within their investment accounts and IRAs. More background on the fund can be found here:

TGLDX_Factsheet_4Q16 by Turd Ferguson on Scribd

What's fun is that John sees the world in much the same manner as we do here at TFMR. As evidence of that, please scroll through John's latest letter to shareholders dated January 5 of this year:

Tocqueville Gold Strategy Letter YE 2016 by Turd Ferguson on Scribd

In this call, John and I discuss a number of issues, including:

  • The prevailing negativity to begin 2017...strikingly similar to the prevailing conditions as 2016 began.
  • The notion of a stronger dollar and higher interest rates in 2017 which we call The Generally Accepted Narrative.
  • Specific gold-positive fundamentals for 2017.
  • The inherent disconnect of the pricing power bestowed upon the synthetic gold market.
  • How and why mining shares are positioned to provide exceptional returns in the months ahead.

I think you're really going to enjoy this podcast and I hope to have John back again soon for an update.

TF

  62 Comments

Marcrward
Feb 2, 2017 - 3:30pm

Silver

Thanks

Marchas45
Feb 2, 2017 - 3:34pm

Am I

4th? Keep Stacking

J Siefert
Feb 2, 2017 - 3:35pm

Swiss Girl yodeling in church

Nadja Räss in the Kloster Kirche in Einsiedeln (12:35 up to ca. 16:30 min only)

Nadja Räss - kräftige Stimme und schöne Klänge - Potzmusig
Feb 2, 2017 - 3:46pm
JackPutter
Feb 2, 2017 - 3:52pm

The question of shorting BTC

There are ways to do it, yet these have to be done through an etf ownership of some sort. The structure is different than most other markets, it is still a derivative. I heard that the Winklevoss guys are putting something together. There is already another one that exists and it sounded almost like you have to be a shareholder and own a portion of the pool to participate.

At least when you short trade other types of investment those markets are more mature. Governments and bankers are still trying to wrangle control of how they see BTC, let alone actual control of it.

billhilly
Feb 2, 2017 - 4:08pm

nope...

I AM MARCHAS !!!!!!!

--------------------------------------------------------------------------------------

Rakka
Feb 2, 2017 - 4:12pm

awesome

Turd

awesome interview w/ JH

Longstreet
Feb 2, 2017 - 4:57pm

Retract re Hathaway

Sorry...He said Surprisingly and not Fraudulently

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