Jim Sinclair’s Commentary

At last, a good initiative by the Gold Counsel, the mouth piece of the major producers.

Invitation to a World Gold Council policy roundtable – “A more effective Eurozone monetary policy tool – gold-backed sovereign debt

INVITATION TO A POLICY ROUNDTABLE

The World Gold Council and Monetary Expert Panellist, Professor Ansgar Belke invite you to attend a policy roundtable on

“A more effective Eurozone monetary policy tool – gold-backed sovereign debt”

Chair:

Daniel Gros, Director, Centre for European Policy Studies

Confirmed speakers:

Prof. Dr. Ansgar Belke, Monetary Expert Panellist for the Economic and Monetary Affairs Committee, European Parliament and Jean Monnet Professor at the University of Duisburg-Essen

Prof. Dr. René Smits, Professor of the Law of Economic and Monetary Union at the University of Amsterdam

Date: 6 November 2012
Time: 12.00 – 14.00 – Lunch will be provided
Location: Cicero Brussels, Rue de la Science 14

Monetary Expert Panellist for the Economic and Monetary Affairs Committee, European Parliament and Jean Monnet Professor at the University of Duisburg-Essen, Dr. Ansgar Belke will present his report commissioned by the World Gold Council which provides a platform to debate the use of gold as collateral for highly distressed bonds and the benefits this would bring in terms of reduced financing costs in the Eurozone without the associated shortcomings of the other non-conventional monetary policy tools that have been used to date.

Professor Dr. René Smits, Professor of the Law of Economic and Monetary Union at the University of Amsterdam will provide legal insight into the debate.

The event will bring together senior policymakers and journalists to discuss the role that gold-backed bonds can play in bringing about a more effective Eurozone monetary policy.

We hope that you will be able to join us for what we know will be a stimulating discussion amongst senior policymakers, academics, and media representatives.

To register for this free event please RSVP to Saana.Kyrolainen@cicero-group.com

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