I was speaking to the CEO of the Perth mint private client area last June just before he was heading East to give some briefings re gold investment and he was saying that most fund managers had no idea about gold investments as they'd got rid of their gold analysts years ago..... this is why so many are staying on the side lines... they haven't got a clue. I was talking to him about getting margin lenders to allow using unallocated bullion as security(like cash) to leverage...keep a lookout for this added feature in margin lending products in the future. I hold 190K MIM; 215K OSH; 31K NCM; 17K NEM and will make between 50-70% in the next 12months! ssb
