Skeleg,
Let's look at a possible stretch.
You wrote, "THis has nothing to do with tyhee, and probably nothing to do with gold except that it could feed into more people, particularly in Europe, wanting to hold liquid cash (gold) that is not a liability of any country...."
Nothing to do with Tyhee? Well, maybe or maybe not?
Isn't international tension between Canada and Russia increasing in the Arctic? How far away from Yellowknife are all those estimated 50 or so billion barrels of petroleum? Is there any cause to worry about whether the NWT could be threaten if there's a problem with Russia?
Just asking,
B.