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Bron Suchecki
Worked at The Perth Mint
Lives in Perth
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Bron Suchecki

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Why no direct relationship between price and stocks
A great article by Keith Weiner explaining why open interest in gold has fallen but in silver it has increased - hint: to do with profit from carrying gold. Apart from that, it is also useful for those who falsely think that if the price goes up (or down) t...
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Bron Suchecki

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GLD vault defragmentation
Warren has a cool animation showing the addition and redemption of pallets of gold bars out of GLD's vault, done in the style of the old PC disk defrag programs, at the screwtapefiles blog. A few comments on the 5 minute animation (see screenshot below): Du...
Warren has a cool animation showing the addition and redemption of pallets of gold bars out of GLD's vault, done in the style of the old PC disk defrag programs, at the screwtapefiles blog. A few comments on the 5 minute a...
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Bron Suchecki

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Sprott PHYS redemptions arbitrage driven
Sprott PHYS fund redemptions show up in the first few days of a month, and for March there were no redemptions. This lack of news is actually news as it confirms for me that the redemptions we have seen in the past (see here ) were driven by an arbitrage op...
Sprott PHYS fund redemptions show up in the first few days of a month, and for March there were no redemptions. This lack of news is actually news as it confirms for me that the redemptions we have seen in the past (see here)...
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US deep storage gold reserves bar list made public
Warren James (the guru of ETF bar list analysis ) was tipped off by a reader that the US government had a bar list of its deep storage gold reserves on its website, see Victor's tweets here for details and links. Warren's initial comments are: "Have already...
Warren James (the guru of ETF bar list analysis) was tipped off by a reader that the US government had a bar list of its deep storage gold reserves on its website, see Victor's tweets here for details and links. Warren's init...
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Fractional reserve bullion banking and gold bank runs: a run or stroll?
The fact that Australia's Prime Minister referred to the global financial crisis as a "shitstorm" will probably just reinforce Americans' Paul Hogan/Steve Irwin view of Australians. Shitstorm is also the title of a book about that Prime Minister's first ter...
The fact that Australia's Prime Minister referred to the global financial crisis as a "shitstorm" will probably just reinforce Americans' Paul Hogan/Steve Irwin view of Australians. Shitstorm is also the title of a book about...
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Have him in circles
135 people

Bron Suchecki

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Gold forecaster with 100% accuracy says gold to fall
I have found a gold forecaster with a 100% accuracy rate. Below is a chart of two of his recent predictions. The first arrow marks the 15th of January when he said to "use narratives, not just charts, to tell if gold's bottom may be near" , noting that main...
I have found a gold forecaster with a 100% accuracy rate. Below is a chart of two of his recent predictions. The first arrow marks the 15th of January when he said to "use narratives, not just charts, to tell if gold's bot...
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Bron Suchecki

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How ETFs Haven't Altered The Dynamics Of Gold
Have a post up on the corporate blog How ETFs Haven't Altered The Dynamics Of Gold where I have a go at the mainstream finanical narrative that gold ETFs were a “game changer for the gold industry”, making it easier for investors to buy gold and having a po...
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US deep storage gold - weights
Still catching up after my two week holiday, have many posts planned including finishing the fractional bullion banking, the London fix manipulation and legal case, Sprott PHYS redemptions, bitcoin. In the meantime, the table from the last post but by ounce...
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Service interruption annoucement
Your goldchat blogging service will have intermittent service interruptions over the next two weeks due to the fact that I'm in Singapore/Malaysia for holidays and my other half has this crazy view that gold blogging is not an authorised holiday/relaxation ...
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Bron Suchecki

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Fractional reserve bullion banking and gold bank runs: bank run theory
A key question in bank run dynamics is whether the information/event points to one specific bank.  George Kaufman notes that if people just "switch their deposits to other banks [and] their concerns about the bank’s solvency are unjustified, other banks in ...
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Have him in circles
135 people
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Manager, Analysis and Strategy
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  • The Perth Mint
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Introduction
My personal profile & blog on all things precious metals. This stuff is not endorsed by the Perth Mint (who I work for) in any way. For more background on me see About This Blog and my LinkedIn Profile.
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Perth
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