Ann: Change in substantial holding, page-4

My general opinion on Black Rock is that they are massive and a massive risk to markets themselves. With $5.98 trillion in assets under management as of December 2018 they are the de facto gate keepers of a large proportion of the Fed's bubble. When there is not enough space for the sheepeople to get through Black Rock's gates and when the sh*t hits the fan as a result, with feeezes on redemptions, fund closures etc, there are going to be a lot of fingers pointing in the direction of Black Rock. Another stupid too big to fail US derivative product disaster waiting to happen.

As far as Black Rock specifically related to gold companies I can't say much without doing some research first.

There was talk in recent interview on Kitco that some funds are packing up shop on gold company exposure. I'm not sure which ones or how much impact it will have on the sector but I say to these funds they are closing up shop at exactly the wrong time. When the sheepeople are literally tripping over themselves to get through Black Rock's gates, the lucky ones (or best connected one's) who get through the gates early will be looking for zero counter party risk tangible/physical assets to put their money into, NY real estate, jewellery, fine art, vintage and collectable cars and of course gold. Esh