James Rickards Joins Physical Gold Fund SP as Advisor
New York, Apr. 1, 2013 /PRNewswire/ – James Rickards, has been appointed to serve as an advisor to the Physical Gold Fund SP.
James Rickards is an investment banker and investment advisor based in New York, and the author of the best-selling book, Currency Wars: The Making of the Next Global Crisis.
Mr. Rickards has held senior positions at Citibank, Long-Term Capital Management and Caxton Associates. In 1998, he was the principal negotiator of the rescue of LTCM sponsored by the Federal Reserve. His clients include institutional investors and government directorates. He is an advisor on capital markets to the Director of National Intelligence and the Office of the Secretary of Defense.
Mr. Rickards will provide expertise to the fund in the areas of global political and macroeconomic issues, currency valuations, monetary policy and other subjects which may affect the gold markets.
“We are very excited to have Mr. Rickards join our Advisory Committee,” says Nestor Castillero, a Director for the Physical Gold Fund SP. “His expertise and track record in regards to major trends which may impact gold are outstanding, and we look forward to his counsel”.
“I am pleased to be able to advise for this fund”, says James Rickards. “I have long been an advocate of physical gold due to its wealth preservation properties. This fund has unique attributes for a physical gold fund, which may make it an attractive and robust tool that institutions can use to obtain a position in physical gold”.
About Physical Hard Assets Fund SPC
Physical Hard Assets Fund SPC is Segregated Portfolio Company domiciled in Cayman Islands, regulated by the Cayman Islands Monetary Authority (CIMA).
About Physical Gold Fund SP
Physical Gold Fund SP is a Segregated Portfolio Fund of the Physical hard Assets Fund SPC. Listed on Pershing platform, the CSX and regulated by CIMA, the fund is a, transparent, open‐ended fund, which invests in unencumbered fully allocated physical gold in the form of “Good Delivery” gold bars. Shares of the fund are redeemable for gold, and all physical gold is insured to its full market value.
For additional information: www.physicalgoldfund.com
This communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall thereby any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. Nothing in this communication should be construed as investment advice or an investment recommendation. This communication has not been approved by any authority for any purpose.
Source: Physical Hard Assets Fund SPC