World Gold Council's Natalie Dempster on Central Banks @ the Argyle Executive Forum

[Voyeur12]

The age old con: Swapping paper and promises for Gold and Silver. THE END IS NEIGH. Buy Gold, guns, goods, gardens and getaway options.

[salmanbang]

but where is Daniela ???

[Annihilate3275]

@salmanbang Where's Daniela you ask? What, aren't that old man and his big old ears sexy enough for you?

[salmanbang]

@Annihilate3275 LOL!

[BTinHD]

World Gold Council: what a useless organisation.

[rustybenelli]

Gold and silver can only absorb some much capital,the money will flow back into the stock market and corp bond market,as government debt is shunned. Do not believe me,ask the the Greek bond holders who just took a haircut. The government will keep changing the rules to keep the capital flowing to finance failed socialism.

[jgbloyd]

@rustybenelli At these prices, yes. However, at higher prices gold can absorb as much capital as needed. But you're also talking about the metals absorbing deflating paper financial assets, much of what will be destroyed, especially if we start seeing more defaults. So, basically, you're wrong to assume the transfers will all occur at current prices and with no deflation of assets. That said, I still agree with the second half of your point. Already, US banks are being forced to buy bonds, e.g.

[Alexiscom1]

Russian C Bank is buying 10-12 t every month according to Jim Rickards.