Gold Basis Service & Testimonial
The ‘Gold Basis Service’ is a monthly subscription newsletter that describes movements in the gold basis and co-basis over the previous month and implications about future movements for the gold price for the next month. Along with the monthly gold basis service is the quarterly ‘Course of the Exchange’ economic commentary. This commentary relates to general observations from a Mengerian perspective on the current market place for global equities; government paper and other goods.
One year: US$490 (equivalent of $40 per month) - Please pay by going to Paypal at www.paypal-marketing.co.uk/sendmoney/pay_for_goods.htm and paying to the address subscription@bullionbasis.com. Remember to include which email address you would like the subscription to be sent to when paying. Please note that only annual subscriptions are available.
Alternatively cheques can be sent upon request and confirmation. Email sandeep.jaitly@bullionbasis.com for more information. Private consulation is also available: please contact for further details.
Proceeds from the service shall be donated to The Gold Standard Institute.
TESTIMONIAL from Prof. A. E. Fekete
I met Sandeep Jaitly for the first time in 2008. He and I have collaborated on several projects ever since. He has impressed me as an original thinker and a keen observer. In particular, our common research interest is the establishment of a Gold Fund earning a return in gold. On the investment firmament such a constellation is missing, and detractors of gold question that one could even exist. The opinion dies hard that “gold is a barren asset, unable to earn a return to capital.” Sandeep Jaitly and I are firmly convinced that, not only is gold fully capable of yielding a positive return, but gold can do it while remaining under the physical control of its owner. In other words, as the only instrument in existence, gold holdings are risk free to all those who carry their net worth in gold units while earning a yield — at least as long as the fiat monetary system lasts. Previously, even under a gold standard, one had to surrender one’s physical gold in order to earn interest, that obviously included the risk of losing one’s capital. The Monsoon Gold Fund is the first and so far the only example of putting the idea into practice that gold investments can minimize risks while earning a positive return.
Sandeep Jaitly is the inventor of a device in market analysis, what is now known as the gold co-basis and de-carry premium that, together with the gold basis and the carry premium, gives important inside information about movements of big money into and out of physical gold holdings — as opposed to paper gold — by large gold hoarders. This information is crucial to have as an early-warning signal predicting permanent backwardation of gold that is a grave threat to the international monetary system which may cause its ultimate collapsing. With the advent of the Great Financial Crisis in 2008, the danger of such a collapse has been looming ever larger on the horizon.
Sandeep Jaitly was born in London, England, in 1980. He attended The Tiffin School in Kingston upon Thames and read mathematics at Imperial College, London, earning a Master Degree in 2003. His Master’s thesis on ‘Cylindrically Symmetric Minimal Surface Areas’ touched upon uncovered ground in differential geometry. Prior to university, Sandeep studied technical analysis under Brian Marber, and upon graduation in 2003 began working in equity research at Odey Asset Management in London. Sandeep’s interest in the Austrian school was aroused here under the influence of the writings of Dr. Peter Warburton.
More recently, prior to establishing the Monsoon Gold Fund, Sandeep was an investment manager at Soditic CBIP concentrating on global equities with a bias towards India and China.
I have the pleasure of very highly recommending Sandeep Jaitly and his Monsoon Gold Fund to all interested parties.
Budapest, 19th August, 2010.
Antal E. Fekete
Professor of Mathematics and Statistics (retired)
Memorial University of Newfoundland.
