Last night we just finished reading a very interesting piece by Grant Williams in his ‘Things that make you go Hmm” newsletter available for free subscription. He gives a great run down of the likely pitfalls of the Bank Of Japan’s massive money printing they announced last week.
This prompted us to take a look at a video of the presentation he made at the Mines & Money conference in Hong Kong last month that we’d read some good reports about lately. So if you’re new to the precious metals game then this is a must watch and even if you’re not you may well learn something, particularly about “gold leasing”.
Here is just some of what Grant Williams covers in the presentation:
- How none of the problems of 2008 have been solved but yet the “numbers’ seem to currently indicate everything is fine.
- Central bank gold reserves
- Central Banks leasing gold
- Fractional Reserve Banking explanation and its – “tiny little flaw”
- “Fractional Reserve Gold” and
- What’s in it for Bullion Banks? And
- What’s in it for Central Banks?
- The importance of Venezuela’s repatriation of it’s gold reserves and the “gold bank run” this has since caused.
- How the worst is not over and what may be to come.
- Just how important Cyprus may in fact be.
- Why you should choose carefully which forecasta you pay attention to.
- Why you should own some physical gold.
- Fort Knox Gold Audit: Has America’s Gold Ever Been Properly Audited? - July 27, 2026
- Watch What Central Banks Do, Not Just What Governments Say - July 22, 2026
- Gold Revaluation: Why the Debate Is Heating Up Again - July 20, 2026

