Tuesday, 30 August 2011

PAGE will change the price discovery mechanism for gold

Uploaded by GoldMoneyNews on Aug 30, 2011

Ned Naylor-Leyland, of Cheviot Asset Management, and James Turk, Director of the GoldMoney Foundation, talk about the impact that the setting up of the new Pan Asia Gold Exchange will have on gold demand, gold price discovery and the way that spot gold trading works. Not only will it make gold investment accessible to hundreds of millions of Chinese, but it will also allow international investors to buy allocated gold contracts.

This interview was recorded on August 5 2011 in London.