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

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bmorrowNUGTCALL
Sep 10, 2019 - 5:24pm

Hey NUGTCALL

Well said.

SilverSpec
Sep 10, 2019 - 10:01am

OneGold is simply digital metal ownership

Sort of like GoldMoney but nothing like Kinesis. It's really just a simple way to stack and trade, if necessary. Excellent liquidity for true physical metal.

Hilltopper
Sep 10, 2019 - 9:59am

sorry you feel that way

Not for everyone, I guess.

lakedweller2
Sep 10, 2019 - 9:43am

Day #4

Still can't enter the Crime Scene through the yellow tape. Markets are closed until thieves are through. I guess turn on the media and see what activity is going on in the gutter. Slimed again.

edit: Worst stocks of morning: Great Bear and Kirkland Lake. Sure. Glad to see those algo discriminations right on target again. Kind of like naked shorts with no computer skills.

edit 2: Good comments Boomer.

Sound Money Minnow
Sep 10, 2019 - 9:23am

I am confused by the attacks on One Gold

One Gold is in business to make a profit of course. Whether silver and gold go parabolic is of no consequence to me. I just like the platform. Rather than trying to time my purchases I can dollar cost average and then sell, or redeem for physical at my preference. I like that alot. My account is doing great. I am buying $200.00 gold each week, and $50.00 silver each week. If I want to re-balance I can do that any time I choose. I can also redeem for physical and get drop shipping, at a very competitive price, right to my door. Plus being tied to my bank account I can redeem for cash and have it in my checking account in no time. the same with purchases.

If you want to make timed purchases you just leave some funds in your cash account at the ready. This is a platform for people who like the volatility in the metals, but don't want to be all in on any day to day gyrations. It is my insurance policy and I thank Ken for offering something that doesn't take a boat load of money to get you on the right track.

Thanks Craig and Ken. I love this product and feel very confident and safe being associated with One Gold.

SMM

boomer sooner
Sep 10, 2019 - 9:08am

Wow

Such angst against an opinion that differs. So far he is right on the $ call for silver, time will tell. My personal opinion doesn't matter, the price that the BB give us does. Inflation (that word again) tells us price is going higher.

I like the idea of the platform. Trade the market, decent fees and an escape hatch with physical sent to my home.

SilverSpecNUGTCALL
Sep 10, 2019 - 9:04am

Maybe it will be a slow grind higher

I'd rather that than riots in the streets and a Mad Max scenario. Like be careful what you wish for.

NUGTCALL
Sep 10, 2019 - 8:51am

Ken Lewis

lets be honest and understand what’s going on here.

We look at debt and and CB lunacy and understand the fiat illusion and realize some day their will be a monetary adjustment and those who own real money, gold and to a lesser extent silver, will be relatively rewarded to other assets.

Ken Lewis, whatever he believes, does not want that to happen quickly. He makes more money and his business has a longer half life if we have a lot of volatility and grind higher over multiple years.

For example as some have suggested gold, lets assume gets reprice to 10,000 tomorrow. Well his business is fucked, it is over. No body buys and sells very much over time going forward. So he does not want all time highs. He loves the anxiety and tension that is created in the markets.

I believe he is wrong, I believe silver is going much higher for multiple reasons. He wants volatility and for greed and fear to play out for decades. That is what benefits him the most and he is biased and conflicted by what he wants for his business and the reality of the the economic conditions.

He is like Epstein telling a young model he can help her career. His goals and desires are not entirely aligned with yours and he has created an instrument to make you believe he can help you while his main goal is to get a piece of you for his desire.

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Hilltopper
Sep 10, 2019 - 8:40am

Ken Lewis

What a waste of my time listening to this......

Orange
Sep 10, 2019 - 8:37am

Bix Weir

Thinks 9/11 will be the start of the next financial takedown.

https://beforeitsnews.com/economy/2019/09/x22report-spotlight-the-econom...

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