Its a great tip to avoid John Nadler all together.
It is also believed by some that because of Mr Nadlers considerable consulting to Mints and bullion banks around the the world over the past decade that his clients must in fact be losing due to his eroneous advice.
A second and distinct possibility is that John Nadler is involved indirectly, by means of advice in the wider gold price suppression scheme. It is a long held view by GATA that the leasing of unallocated gold by Mints and bullion banks has been done under the consultation of industry experts such as Jeffery Christian and John Nadler.
We should not underestimate the measures the likes of these guys have been recommending to large holders of gold bullion in order to supercharge their clients returns on that according to their incessant drivel 'which does not return any interest'.
If 2011 is a year of huge gains in the precious metals, it should be a year of real fireworks as some owners of unallocated and allocated gold discover that their holdings have vanished into thin air. No doubt their custodians would in that case come up with all sorts of blame stories. There might even be collapses engineered to try and cover the dirty footprints. Anything is possible.
