It seems to be axiomatic that when a major crisis passes, it's a new ball game. New ways of doing things emerge, past practices are abandond.

IF it is true that currency crisis will result in states wanting to have solid reserves of gold, in an inflating spiral, would they engage in contracts to buy production directly from the mines, like a hedge but with a customer with very very deep pockets?

If so, would offering up hedged prices be a way of obtaining financing to bring a mine on line? Suppose the dollar is crashing or devaluing, and the POG is over $2,000 an ounce, with many states trying to buy physical gold for their vaults. Would Tyhee then have access to this for financing?

SKELEG