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[NYBob]

Would Scotland take its gold or just a paper claim against Bank of England?

Submitted by cpowell on Mon, 2014-09-08 15:26.
Section: Daily Dispatches

Ownership of UK Gold up for Negotiation if Scotland Votes Yes

By Jan Harvey
Reuters
Monday, September 8, 2014

LONDON -- An independent Scotland could lay claim to a part of
the United Kingdom's 310-tonne gold reserves if votes go in
favour of the "yes" campaign this month, with ownership of
Britain's bullion hoard up for negotiation along with other assets.

"The distribution of the UK's assets in the event of
Scottish independence would be subject to negotiation between
an independent Scottish Government and the continuing
UK government," a spokesman for the United Kingdom Treasury said
on Monday. ...

... For the remainder of the report:

http://www.reuters.com/article/2014/09/08/scotland-independence-gold-idUSL5N0R926N20140908

Goldcorp CEO sees 'peak gold' this year or next -
Submitted by cpowell on Mon, 2014-09-08 15:31. Section: Daily Dispatches
By Alistair Macdonald
The Wall Street Journal
Monday, September 8, 2014

Miners have reached "peak gold," in which production of
the precious metal has hit its high as easy-to-mine gold deposits
become harder to find, said Chuck Jeannes, chief executive of
Goldcorp, the world's largest gold miner by market capitalization.

Mr. Jeannes said in an interview that a falloff in supply will
support the gold price but make mining it even harder and lead to
further consolidation in the industry. ...

"Whether it is this year or next year, I don't think we will ever
see the gold production reach these levels again," he said.
"There are just not that many new mines being found and
developed."

... For the remainder of the report:

http://online.wsj.com/articles/goldcorp-ceo-jeannes-sees-peak-gold-in-sector-this-year-or-next-1410188689

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