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2013-06-17T00:00:00.000Z

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Wrong John Brimelow?

John Brimelow

Gold Broker

Aegis Capital Corp.

HQ Phone: (212) 813-1010

Aegis Capital Corp.

810 7Th Avenue 11Th Floor

New York, New York 10019

United States

Company Description

Aegis Capital Group LLC ("Aegis") is a specialty investment firm managing private equity and venture capital funds focused on U.S. small businesses. The Principals have served as advisors to and investors in small businesses for decades, generating signif... more

Find other employees at this company (586)

Background Information

Education



Stanford University

MBA

bachelor's degree

University of Sussex

Web References (9 Total References)


Gold Rush 21 Speaker Biographies

www.goldrush21.com [cached]

John Brimelow Aegis Capital

John Brimelow is a gold broker for Aegis Capital in New York. He was born and educated in England, obtaining a bachelor's degree from the University of Sussex in 1970. He came to the United States to attend Stanford University, attaining an MBA in 1972. Until 1980 he worked for the international division of North Carolina National Bank, now part of Bank of America. He has worked on Wall Street since 1980 and writes a daily commentary on the gold market.


GATA: European Central Bank Gold Sales Repeatedly Cap Price around $440

biz.yahoo.com [cached]

GATA's finding was based on the research of its consultant, gold market expert John Brimelow of Aegis Capital in New York.

"The ECB reported on Wednesday a sale of 360 million euros in gold last week, 996,592 ounces at the bank's new book value for gold, or 31 tonnes," Brimelow said today."This is a huge amount, matched only by the sale of 47 tonnes announced at the end of March (but reported only in May) and a 31.9-tonnes sale last December last year."
Each of these sales corresponded with gold's penetration of the $440 price level, as can been seen at the one-year gold price chart here: http://www.kitco.com/.
"An indisputable pattern has now developed for the ECB to step forward as a massive seller when gold approaches the $440s," Brimelow said."Curiously, the euro price of gold does not seem to be as sensitive an issue with the ECB."
The massive selling of gold in recent months by European central banks, Brimelow added, suggests that they will be obliged to suspend sales in September if they are to keep within the volume limits they set for themselves in the renewal of the Washington Agreement on Gold.
The latest ECB gold sales were shown on the bank's consolidated financial report for July 1, posted this week on the Internet here: http://www.ecb.de/press/pr/wfs/2005/html/fs050706.en.html.
Brimelow's research echoed comments made Tuesday by John Embry, chief investment strategist for Sprott Asset Management of Toronto, during an interview with Report on Business Television in Canada. Embry, who will speak at GATA's Gold Rush 21 conference in Dawson City, Yukon Territory, Canada, from August 7 to 9, likened the current intervention of central banks against the gold price to their coordinated selling of gold in the 1960s via what was called the London Gold Pool.


Agoracom - The Portal for Public Companies

www.agoracom.com [cached]

GATA's finding was based on the research of its consultant, gold market expert John Brimelow of Aegis Capital in New York.

"The ECB reported on Wednesday a sale of 360 million euros in gold last week, 996,592 ounces at the bank's new book value for gold, or 31 tonnes," Brimelow said today.
"This is a huge amount, matched only by the sale of 47 tonnes announced at the end of March (but reported only in May) and a 31.9-tonnes sale last December last year."
Each of these sales corresponded with gold's penetration of the $440 price level, as can been seen at the one-year gold price chart here: http://www.kitco.com /.
"An indisputable pattern has now developed for the ECB to step forward as a massive seller when gold approaches the $440s," Brimelow said."Curiously, the euro price of gold does not seem to be as sensitive an issue with the ECB."
The massive selling of gold in recent months by European central banks, Brimelow added, suggests that they will be obliged to suspend sales in September if they are to keep within the volume limits they set for themselves in the renewal of the Washington Agreement on Gold.
The latest ECB gold sales were shown on the bank's consolidated financial report for July 1, posted this week on the Internet here:
http://www.ecb.de/press/pr/wfs/2005/html/fs050706.en.html .
Brimelow's research echoed comments made Tuesday by John Embry, chief investment strategist for Sprott Asset Management of Toronto, (see AGORA posting July 6 ‘Headline stories' on www.agoracom.com) during an interview with Report on Business Television in Canada. Embry, who will speak at GATA's Gold Rush 21 conference in Dawson City, Yukon Territory, Canada, from August 7 to 9, likened the current intervention of central banks against the gold price to their coordinated selling of gold in the 1960s via what was called the London Gold Pool.


Gold Rush 21 - The GATA Gold Conference on DVD

www.goldrush21.com [cached]

The speakers included GATA Chairman Bill Murphy; GATA Secretary/Treasurer Chris Powell; GATA board member Adrian Douglas; Sprott Asset Management CEO Eric Sprott and Chief Investment Strategist John Embry; gold mining entrepreneur Jim Sinclair; GoldMoney founder James Turk; silver market manipulation whistleblower Andrew Maguire; Cheviot Asset Management Investment Director Ned Naylor-Leyland; Hinde Capital CEO Ben Davies; geopolitical analyst James G. Rickards; Mexician Civic Association for Silver President Hugo Salinas Price; gold market manipulation litigator Reginald H. Howe; Samex Mining CEO Jeff Dahl; Kirkland Lake Gold CEO Brian Hinchcliffe; and market analysts Alasdair Macleod, Peter George, John Brimelow, and James McShirley.


Gold Price News: Gold Price Capped

goldprice.org [cached]

GATA's findings are based on the research of its consultant, gold market expert John Brimelow of Aegis Capital in New York.

"The ECB reported on Wednesday a sale of 360 million euros in gold last week, 996,592 ounces at the bank's new book value for gold, or 31 tonnes," John Brimelow said.
"This is a huge amount, matched only by the sale of 47 tonnes announced at the end of March (but reported only in May) and a 31.9-tonnes sale last December last year."said Brimelow.
Each of these sales corresponded with the gold price going higher than $440, as can been seen in the 1 year Gold Price History Chart.
"An indisputable pattern has now developed for the ECB to step forward as a massive seller when gold approaches the $440s," Brimelow said.
Brimelow says the ECB will be obliged to suspend gold sales in September 2005 if they are to keep within the volume limits they set for themselves in the renewal of the Washington Agreement on Gold.

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