I wonder what impact it will have on 28 June when the USA lock China out of SWIFT. The gold bugs are saying that China has been accumulating gold and will use gold to pay Iran for oil. If that were to happen then the USD may start to falter and the price of gold may go through the roof!
Personally, I don't think the USA will allow that so I half expect them to do something unusual around oil/gold/Iran/China sometime between now and 28 June.
Meanwhile we think we have truckloads of the stuff and I am very interested in hearing what NCM and FNT's plan is to firm up the estimates.
I wonder what impact it will have on 28 June when the USA lock...
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