John Hathaway
CFA, Senior Managing Director, Co-Portfolio Manager
John Hathaway, CFA, Senior Managing Director, Co-Portfolio Manager
Mr. Hathaway is a co-portfolio manager of the Tocqueville Gold Fund, as well as other investment vehicles in the Gold Equity Strategy. Mr. Hathaway also manages separately managed accounts for individual and institutional clients. He is a member of the Investment Committee and a limited partner of Tocqueville Asset Management (www.tocqueville.com). Mr. Hathaway began his career in 1970 as an Equity Analyst with Spencer Trask & Co. In 1976, he joined investment advisory firm David J. Greene & Co., where he became a partner. In 1986, he founded Hudson Capital Advisors and in 1988 became Chief Investment Officer of Oak Hall Advisors. He joined Tocqueville as a Senior Partner in 1998. Mr. Hathaway has a BA degree from Harvard College and an MBA from the University of Virginia.
John Hathaway Articles
The general meltdown in credit is the ideal macroeconomic scenario to launch gold into all time high territory. While those same conditions have been disruptive for gold and gold shares in the short term as investors sell whatever they can...
Until recently, the greatest threat to investors in gold shares was commonly perceived to be toxic hedge books. The May 1, 2007 proclamation by Barrick that it had reduced its hedge book in the first quarter by two million ounces, and at a...
For more than the past four years, both gold and financial assets have performed well. From October 18, 2002 through February 28, 2007 gold rose 112% and the S&P 500 Index rose 59%. The question we wish to pose is: why has gold risen...
Investor lust for hard assets has dimmed gold's status as the world's premier non government-issued form of money. Conventional wisdom now holds that gold, oil, and base metals are inextricably linked. For example, on October 18, the...
*A trivial game of bluff. It is played using randomly picked currency from your wallet. The denomination does not matter.
In the last 90 days, the price of gold increased 25%, from around $440 to $550. In contrast, it took three years from its bear market low in 1999 for gold to sustain a 25% rise. The shrinkage of time from three years to 90 days to muster a...
For Tocqueville Gold Fund's John Hathaway, gold shares "give you more octane than the metal itself."
The Speculation
Capital flows into gold under one scenario only: when the lack of investment returns elsewhere, the desire for safety, and the ascendance of a risk-averse psychology at large converge.
The March 21, 2005 news item that the "EU member states have agreed to relax constraints their budgets are subject to under the Stability and Growth Pact which underpins the euro" contains the most positive news for gold in the past two...
Gold and gold shares have spent the year to date in a corrective mode. The intense investment ardor of 2003 has been succeeded by disinterest and skepticism. Gold shares, which are essentially long-dated options on the gold price, provide...
