Sunday, February 23, 2014

Alex Stanczyk: Large Swiss Gold Refiners Cannot Source Metal Easily

Jason Burack of Wall St for Main St was able to interview Alex Stanczyk, who is Chief Market Strategist at Anglo-Far Easthttp://www.afecustodial.com/.
Alex is in charge of research at the firm and he extensively studies physical supply/demand fundamentals for gold and silver as well as studies geopolitical changes to see which countries are best for storing physical metal in vaults for his firm’s institutional, hedge funds and high net worth individual and high net worth family (office) clients.
During this 40+ minute interview, Jason and Alex go in depth on the fundamentals for physical gold and if anything significant in supply or demand has changed. Alex talks about physical demand increasing in China along with demand from India.Alex then talks quite a bit about his trip to a very large Swiss gold refinery with Jim Rickards to ask the refiners how easily they can secure scrap gold, dore bars from miners, metal from GLD, etc. Refiners sit right in the middle of the value chain and see real time supply/demand better than anyone. This is must listen stuff!
Please visit the Wall St for Main St website herehttp://www.wallstformainst.com/
Follow Jason Burack on Twitter @JasonEBurack
Follow Mo Dawoud on Twitter @m0dawoud
Follow John Manfreda on Twitter @JohnManfreda

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