"This canary tells us that a run to precious metals is soon to happen and those metals will need to be held privately our of reach of corrupt officials."

The Russians will agree for a starter.

I have followed some discussions on television and the conviction is growing that the upping of the deposit guarantee to €100.000 by European Governments in 2008 has been a mistake, because in most countries the taxpayers cannot bear such an expense. So maybe not immediately, but likely in the course of 2013 that deposit guarantee may be lowered again to the €30.000-40.000 where it was before 2008. If that were to happen, the run into gold will be even more significant.