RE: Corrosive COMEX drying up Maybe JRaffles could get some info from London Market
Last year, I had a meeting with a celebrity, who occasionally appears on KWN, in relation to an investor seeking allocated bullion investment. It was clear to me that the fund manager had very serious reservations about gold ETF’s and also the allocation of bullion in some vaults.
His funds also invest in juniors and he referred to the life cycle of juniors for investing…. similar to the junior chart recently illustrated by btrevb. Interestingly, he also made reference to an “inner circle”, or words to that effect, regarding junior investing. Partly for this reason and not being a chartist, I prefer to hold a stock with prospects until delivery of my target. Otherwise, in order to compete with the manipulations of brokers and their inner circle of friends, any exit could be a lottery.
There are regulations to prevent UK stockbrokers lending clients stocks. However, since Metanor is a “foreign” stock, then my investment is required to be held by stockbroker nominees. In my case, the nominee company is…
TD Direct Investing Nominees (Europe) Limited
Forg, since you have observed that TD is a regular performer in Metanor dealings, then if the above specific TD nominee appears, then I would be interest to know.