PAGE’s allocated gold contract

Watch the full 16-minute video at http://www.goldmoney.com/naylor-leyland-turk-interview. Ned Naylor-Leyland, of Cheviot Asset Management, and James Turk, Director of the GoldMoney Foundation,talk about how the current system of spot gold trading gives investors little choice. PAGE will provide a valuable alternative because its fully backed, allocated gold contract will provide a better title, closer to physical, than unsecured unallocated contracts. He expects many investors to move to the new system.

They also explain the institutional commitment of the Chinese government to the exchange and how many relevant officials want to use this gold exchange to bring the RMB into the global markets.

This interview was recorded on August 5 2011 in London.