Kitco Radio – Wed 11 Apr, 2012

Simon Mikhailovich discusses “safe haven trades” and “safe havens”

I interviewed Simon Mikhailovich yesterday for the upcoming Weekend Edition. Great interview in which he discussed many things including the concept of safe havens and safe haven trades. I thought it was good enough that I did a second interview with him for Kitco. Be curious as to what you think!

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Al KorelinSimon Mikhailovich

  1. On April 11, 2012 at 11:15 am,
    Keep Stacking says:

    Hi Big Al,
    The logic is so simple to own physical gold and silver, but the people I am around, just don’t see it. They put their trust in the powers that be, everything will turn out ok. I just keep stacking.

    • On April 11, 2012 at 12:51 pm,
      Big Al says:

      Mr. Keep,

      The simplest things in life are the most effective!

      Big Al

  2. On April 11, 2012 at 11:34 am,
    Jed Davis says:

    James Rickards discusses in detail how investors are in for a surprise when they try to convert paper Gold to bullion.

  3. On April 11, 2012 at 12:52 pm,
    Marc says:

    Hey Big Al,
    This reminds me of the movie with Kevin Costner – “No Way Out”. That is just exactly the words that sum it up – Additionally,
    Just got back from the”TITANIC EXPEDITION” AT THE NAT – here is San Diego – today. I could go into a lot of micro-similarities of that tragic event and what is going on now – but we all know that. How about this – TWO OF THE RICHEST people were on board that night
    1. The “unsinkable” Molly Brown (wealth by marriage) a women’s right activist.
    2. Mr. Guggenheim – (Guggenheim museum, etc) This is what struck me right across the forehead when I read the short stories at the exhibit – Please guess the type of industry they were in that produced their wealth? Yep, that’s it – MINING.
    HISTORY DOES REPEAT – not exactly – but enough to understand that – indeed – it is a life that is drawn by a ‘linear line’ engulfed in a circular infinite – ever-expanding, on-going universe!
    All the best,

    • On April 11, 2012 at 12:53 pm,
      Big Al says:


      Sounds like a great exhibit.

      Big Al

  4. On April 11, 2012 at 12:52 pm,
    Big Al says:

    Hi Jed,

    And that, my friend, is why I don’t buy derivatives!

    Big Al

  5. On April 11, 2012 at 2:19 pm,
    irishtony says:

    Possession is 9/10th,s of the law.

    • On April 11, 2012 at 2:25 pm,
      Big Al says:

      Mr. Irish,

      How about 10/10ths!

      The Sheriff

  6. On April 11, 2012 at 2:22 pm,
    Richard says:

    Good interview. Interesting.

    • On April 11, 2012 at 2:26 pm,
      Big Al says:

      Thanks Richard,

      When you coming on the show?

      Big Al

      • On April 11, 2012 at 2:43 pm,
        Richard says:

        Al, anytime. I sent you a personal e-mail note ( end of last week. If you would like me to give you a call or like my personal phone # just let me know. All I need to know is what the subject matter would be, the format, the time and the basic questions. Richard.

        • On May 8, 2012 at 8:41 pm,
          Nancy says:

          16a13c35126I do agree with all of the concepts you’ve oreffed on your post. They’re really convincing and will definitely work. Still, the posts are too short for beginners. Could you please prolong them a bit from next time? Thanks for the post. 18d

      • On April 11, 2012 at 3:47 pm,
        Richard says:

        Al, I’ve received your e-mail and have responded.

  7. On April 11, 2012 at 5:57 pm,
    michael says:

    Interesting presenter…would love to hear from him often on your show…thanks for finding these gemstones for us Big Al…keep the faith


  8. On April 11, 2012 at 9:37 pm,
    D. Brophy says:

    Al owning physical gold is a must, having an ETF is a joke, its all paper. When the crunch/crash comes its metal that saves the day, even paper money that all trust in will be gone very soon perhaps this year, with Obama he`s a psychopath when it comes to power. I`m wondering what he would do if he lost the election. That`s what all the countries around the world are wondering too, if he`s lying to his own people how can they trust him, that`s what they are saying I`m sure with the BRICS, esp. China, & Russia. Just think that the Chinese though they are still a communist country, but have had a decentralized form of it in their country, so if one is to be rich then all have to be rich as well. So in looking at what`s going on there with the slowing down or marginalizing their economy makes sense to some extent for to all the same when it comes to their housing situation right now. But for this country to treat the BRICS and Europe like they are children and impose as they do upon there economies such a weight of burden of restricting their growth by clamping down on their chief oil producer is a real crime. When FDR administration did this to Japan look what happened WWII. China and Russia will snap with time and Asia will stop buying our bonds for sure, possibly as a vote of no confidence in who`s running Washington. To bad that we have too many weak sisters in Congress to stand up to him. I only hope when the voters are voicing their displeasure with Congress they vote them all out. And put in Independents from no party to replace the crooked ones now there. To get a free slate to vote the way they are told, by the voters, and to have term limits enacted, to outlaw the PAC`s and their power base curbed. State banks enacted for all the States.

    • On April 12, 2012 at 10:11 am,
      Silverbug Dave says:

      Sorry, no chance. This train has to run to the end of the line.