Objective Capital Precious Metals, Diamonds and Gemstones Investment Summit
A Fund Manager's View of Precious Metals
20 May 2010
by Ned Naylor-Leyland - Cheviot Asset Management
Similar a Objective Capital Precious Metals, Diamonds and Gemstones Investment Summit: A Fund Manager's View of Precious Metals - Cheviot Asset Management
Similar a Objective Capital Precious Metals, Diamonds and Gemstones Investment Summit: A Fund Manager's View of Precious Metals - Cheviot Asset Management (15)
Objective Capital Precious Metals, Diamonds and Gemstones Investment Summit: A Fund Manager's View of Precious Metals - Cheviot Asset Management
1. PRECIOUS METALS,
DIAMONDS & GEMSTONES
INVESTMENT SUMMIT
9.30 – 10.00
A Fund Manager's View of Precious Metals
Ned Naylor-Leyland – Investment Director,
Cheviot Asset Management
THE LONDON CHAMBER OF COMMERCE AND INDUSTRY ● THURSDAY, 20 MAY 2010
www.ObjectiveCapitalConferences.com
2. Precious Metals, Diamonds and Gemstones
Investment Summit
Ned Naylor-Leyland
Cheviot Asset Management
20th May 2010
1
7. G.A.T.A
GOLD ANTI-TRUST ACTION COMMITTEE
• Short-selling paper vs physical
• Central Bank leasing + swapping
• Throwing light on esoteric subjects
6
11. Alan Greenspan Quotes
1966: “In the absence of the Gold Standard, there is no way to protect savings from
confiscation through inflation. There is no safe store of value... deficit spending is simply
a scheme for the confiscation of wealth. Gold stands in the way of this insidious
process.”
2009: “The rise in gold and silver is strictly a monetary phenomenon and is an indication
of the very early stage of an endeavour to move away from paper currencies’.”
25.5% 30.1%
8.0%
7.3%
4.4%
17.1% 5.4%
2.2% 10
10
12. Monetary Star Wars
‘Buy Gold’
‘Audit the Fed’
25.5% 30.1%
8.0%
7.3%
4.4%
17.1% 5.4%
2.2% 11
11
