Gold Bug Profile: Shayne McGuire

JP Buntinx
June 11, 2020

The amount of people who have seriously high gold price expectations seems to grow year over year. Many moons ago, Shayne McGuire already predicted a price of $10,000 an ounce, a value that still holds merit to many precious metal experts. 

The Career of Shayne McGuire

Similar to most gold bugs, McGuire did not necessarily start out in this particular industry. Following his BA in history and political economy, he obtained an MA in History and an MBA in Finance. All of this educational “baggage” paid dividends for McGuire during his professional career.

Speaking of which, the first career move by McGuire comes in the form of being  a journalist. In Mexico City, he worked for The news, and primarily reported on NAFTA and deep financial reforms implemented by Salinas.  It was a stepping stone for his financial career, which kicked off at Banorte – formerly Afin Case de Bolsa – where he wrote a daily analysis of economic and stock market developments.

Other jobs held by McGuire include working for ING Barings, Deutsche Bank, and working for Teacher Retirement System of Texas. For those unaware, this latter firm is one of the world’s biggest pension funds, and manages over $150 billion in assets. 

This latter venture has proven very interesting for Shayne, as he also manages the fund’s Gold Fund since 2009. This further confirms his belief in the world’s leading precious metal, and how it has the potential to appreciate in value beyond imagination. 

Shayne McGuire the Gold Bull

Uttering a bullish statement pertaining to the future value of gold is something anyone can do. Offering proper reasons as to why this statement is making sense, is a skill that very few people possess today. 

Back in 2008, Shayne McGuire was already expecting big things for gold. This statement came on the heels of the publication of his “Buy Gold Now” book, which hinted at an imminent collapse of traditional finance. The financial crisis later that year proved McGuire right across the board, and further validated why his bullish views on gold should be taken a bit more seriously.

Two and a half years later, McGuire painted another outlook for the world’s leading precious metal. He claimed how the price of gold could surpass $10,000 an ounce in the years to come. So far, this has proven to be a rather optimistic view, yet gold has proven to be incredibly bullish in the past year or two. Given some recent predictions by analysts and experts, the $10,000 target can still come into play in most people’s lifetime. 

Shayne McGuire on Silver

Although most people will attribute gold price predictions to Shayne McGuire, he hasn’t overlooked silver either. Back in 2013, he ensured that the Gold Fund under his management would begin buying up silver as well. This diversification of assets is crucial to keep an eye on, especially given the way that silver has moved throughout the first half of 2020. 

Easily open your Swiss tax free gold vault in under 6 minutes

It’s Free to open a Swiss vaulting account, you can buy and sell gold directly to it instantly.

0 Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Silver Bug Profile: James Turk

Ever since retiring from his last position in 1987, James has been able to keep himself busy. Not only has he worked on The Freemarket Gold & Money Report, but also wrote several books.

Gold Bug Profile: Howard S. Katz

Even though Katz is rightfully called an early gold bug, it is evident that he was all too aware of how the markets evolved at any given moment.

Gold and Silver Futures Turn Bearish as International Demand Weakens

Some analysts expect a new all-time high for gold later this year, although there will be some volatility to contend with before that happens.

Gold, Silver, and Crypto Markets Seem Poised for a Massive Bounce

For companies that are publicly traded – and often work over the weekend – having 24/7 exposure across the markets would be ideal.

Welcome To The New Bar9 Rebranding

To all Bar9 customers, I'm proud to announce the rebranding of Bar nine and a whole new informative front end. As we move into 2020 Bar9's mission is to make it easier for anyone to move in and out of physical hard assets and become a little more bank independent. The...

Fortuna Silver Mines Notes Steep Silver and Gold Production Decrease in Q1 2020

More specifically, the production of both lead and zinc has increased by 8% and 5% respectively. This is a somewhat unexpected “bonus” for this mining operation.

Gold Bug Profile: Eric Sprott

It is also worth noting that Eric Sprott sold his first company – known as Sprott Securities – back in 2011. Interestingly enough, the company was purchased by other staff members.

Gold Bug Profile: Peter Thiel

Since his tenure at PayPal, Peter Thiel has made a lot of headlines due to his investments. More specifically, he is an active VC for tech companies in their early stage of development.

Gold and Silver Bounce Back as Stock Markets Continue to Struggle

Although the markets aren’t out of the woods yet, things are looking better. There is some positive momentum all around, for a change.

Gold Bug Profile: Ben Davies

Ben Davies is the co-founder and CEO of Hinde Capital. Founding this company came after building up over a dozen years of experience in financial and commodity markets.

Silver Bug Profile: Juerg Kiener

These days, Kiener is primarily involved in management resources mandates for SAC, with a strong focus on institutional clients and wealthy individuals.

Gold Bug Profile: Thomas Kaplan

The first link with precious metals became apparent in 1993. At that time, Kaplan founded Apex Silver Mines, taking up the role of chairman and chief executive officer.

Silver Bug Profile: Stewart Thomson

Many people keep an eye on the precious metals markets, as those segments have tremendous profit potential. Stewart Thomson can be classified as a silver bug, primarily because he expects things to head in a very promising direction.  Who is Stewart Thomson?...

Gold Bug Profile: Alan Greenspan

There are many pathways in life which can influence the future of one’s existence. For Alan Greenspan, one pathway of particular influence is called Objectivism.

The Silent Thief: How to Protect Savings from Inflation

How can you protect your savings from inflation? Horror stories of the prices of bread and milk spinning out of control have fixed the concept of inflation firmly in the public imagination. These hark back to the worst cases, like in the Weimar Republic where shoppers...

Silver Bug Profile: Ralph Aldis

Ralph Aldis has also been named twice as a US Metals and Mining “TopGun”. This title is “awarded” by Brendan Wood International every single year. He is also the Best Americas Based Fund manager in 2016, awarded by Mining Journal.

Silver Bug Profile: Peter Leeds

Similar to his opinion on gold, Leeds is very hopeful when it comes to silver. In fact, he considers it to be the top investment for 2020 and possibly beyond,

The Silverites: Advocating for Silver to Become the Unit of Money in the US

The best way to get something done in the United States is by leveraging one’s political position. The Silverites certainly explored that angle quite well.

Coronavirus-Infused Market Volatility is Bound to hit Australia and New Zealand

It now seems that Asian markets are recovering a bit. It is still too early to determine if the coronavirus crisis is under control in that part of the world.

Indian Officials Confiscate 9.3kg of Gold From Smugglers

What is rather interesting is how all of these bars have forged foreign markings. The objective of the individuals was to sell it in Mangaluru and districts of North Karnataka

Translate Blog Post

Article Categories

Blog Stats

  • 118,169 hits

Follow the CEO on Twitter

%d bloggers like this: