Top Gold Miners Present Their Views on the Future

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Anthony S. Fell, Chairman, RBC Capital Markets commented: "The timing of this conference is excellent; we have a perfect storm which favours investment in gold bullion and gold shares as far as the eye can see..."

RBC Capital Markets' invitation-only Gold Conference held in London yesterday, was again an impressive event attracting top executives from many of the world's major gold mining companies to present ‘in conversation' with an analyst, particularly familiar with the company concerned asking probing questions - and interspersing this with questions from the audience.

Most of the majors presented in the morning session, while the afternoon was largely devoted to smaller companies making company presentations in the manner more common to the host of investment conferences held around the world.

Opening the conference, Anthony S. Fell, Chairman, RBC Capital Markets commented: "The timing of this conference is excellent; we have a perfect storm which favours investment in gold bullion and gold shares as far as the eye can see. The past few years have been a major long-term positive turning point in the fundamentals for gold, and the current systemic risk in the global financial system is now a very serious and real concern which will also bring renewed focus on gold as a store of value.

"This trend will continue and accelerate as events in this credit supercycle unfold, with this prolonged bull market lasting another decade or more. In this climate, I believe gold bullion is re-emerging as an accepted alterative investment and currency."

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