Checking in with Ken Lewis, CEO of APMEX and OneGold

42

In lieu of a regular podcast update today, please take time to listen to this insightful discussion with Ken Lewis, CEO of APMEX and OneGold.

Over the course of this call, Ken and I discuss a wide range of topics, including:

  • a reminder of the the benefits of using OneGold
  • current retail demand trends for physical gold and silver
  • Ken's thoughts on where prices head from here
  • and what Ken expects in terms of retail supply (long-term investors liquidating metal) in the months ahead.

This was a very interesting and timely discussion and I think you're going to find it quite helpful. And please be sure to check out OneGold. I'm a very satisfied customer and I think you will be, too.

TF

  42 Comments

RickshawETF
Sep 9, 2019 - 2:38pm

Gold?

Oh, yeah! Now to listen . . .

JPMoargain
Sep 9, 2019 - 3:50pm

Silver is Over-Mined and Not Ever Going Above $30 Again

Too bad the moderator didn't challenge Ken on those statements.

Does the moderator believe that too?

klewis92JPMoargain
Sep 9, 2019 - 5:02pm

Clarification

JPMoargain,

Let me clarify. I am clearly not an analyst and need to be careful in giving views on where metal prices will go. The point I was trying to make is it seems like the days of $50 silver may not occur again any time soon. I could see prices above $30 though with the right climate. The main takeaway I was hoping to drive home is it feels like silver has more upside than gold. We will see what happens and thanks for listening.

Ken Lewis

Chic72
Sep 9, 2019 - 5:03pm

My August 27 th prediction wasn't wrong ( I was just early )

I stated the miners were due a correction at the time ... & thankfully I took 25 % of the table ... Seen this movie many times over the years .... Longer term we actually needed it as its healthy for the market... Shouldn't take much more than 6-7 trading days at the most & then onwards and upwards.... ( trading other people's sentiment is usually a good guide when to sell some ) Stay long & strong 💪

AGXIIK
Sep 9, 2019 - 5:23pm

BUY GOLD OR A PIECE OF FORD'S $84 BILLION IN Ba1 junk

Moody just downgraded Ford's $84 billion in debt to junky junk junk Ba1 stable

Riiiiiiight Stable. Like me with a quart of cheap hooch in my belly, navigating the Tahoe Rim Trail at night in my bedroom slippers. That kind of stable?

Ford's debt STB Who's next?

SilverSpec
Sep 9, 2019 - 6:17pm

Sprott Global

Shout out to Rick Rule and Eric Angeli for ranking my silver stocks. If you send your portfolio or equities in which you are interesting in investing, Rick Rule will send you an email back with no hard sell: rankings[at]sprottglobal[dot]com. Both Rick and Eric were insightful, polite, and professional. Would highly recommend people take the time to send them an email.
Montross515
Sep 9, 2019 - 6:31pm

Yes, lets see

Why doesn’t someone show us how Rick Rule rates the silver companies Eric Sprott has invested in. Lets start with Rick’s written opinion of Wallbridge.

Outback
Sep 9, 2019 - 6:33pm

No Pod Crap

Here we go REPEAT 2016 after 3 Days. Banks BACK IN CONTROL. SHIT.

Phoenix79
Sep 9, 2019 - 6:39pm

Love OneGold

Their buy back program is so easy. I decided to convert my 100oz silver bars to fiat to fund my onegold account. They locked in a price over the phone, sent me a UPS overnight shipping label via email with packaging instructions. I boxed them up and dropped the box off at UPS store in exchange for a receipt. The fiat was in my account two days later and I was able to buy digital silver with a mouse click. Cost about $120 USD to ship 500 ounces with insurance. Great program.

ReachWest
Sep 9, 2019 - 6:55pm

Kinesis Has Launched.

The Kinesis monetary system has launched tonight. Rebranded website and all systems moving forward with a gold/silver backed crypto currency that defaeats gresham's law. Over $180MM USD raised in the ICO and close to $10MM in bullion now minted. (Expect the minting to increase dramaticly over the next few weeks.)

Suspect this will be another stick in the eye of the bullion cartel.

https://kinesis.money

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Key Economic Events Week of 11/11

11/12 Three Fed Goon speeches
11/13 8:30 ET CPI
11/13 11:00 ET CGP on Capitol Hill
11/14 8:30 ET PPI
11/14 Four Fed Goon speeches
11/14 10:00 ET CGP on Capitol Hill
11/15 8:30 ET Retail Sales
11/15 8:30 ET Empire State Manu Index
11/15 9:15 ET Cap Ute and Ind Prod
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Key Economic Events Week of 10/28

10/30 8:30 ET Q3 GDP first guess
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Key Economic Events Week of 10/21

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Key Economic Events Week of 10/14

10/15 8:30 ET Empire State Fed MI
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10/17 8:30 ET Housing Starts and Bldg Perms
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10/18 10:00 ET LEIII
10/18 Speeches from Goons Kaplan, George and Chlamydia

Key Economic Events Week of 10/7

10/8 8:30 ET Producer Price Index
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Key Economic Events Week of 9/16

9/17 9:15 ET Cap Ute & Ind Prod
9/18 8:30 ET Housing Starts & Bldg Perm.
9/18 2:00 ET Fedlines
9/18 2:30 ET CGP presser
9/19 8:30 ET Philly Fed
9/19 10:00 ET Existing Home Sales

Key Economic Events Week of 9/9

9/10 10:00 ET Job openings
9/11 8:30 ET PPI
9/11 10:00 ET Wholesale Inv.
9/12 8:30 ET CPI
9/13 8:30 ET Retail Sales
9/13 10:00 ET Consumer Sentiment
9/13 10:00 ET Business Inv.

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