You are absolutely right. How long will paper IOU's be acceptable if gold depositories "Fail to Deliver" on Venezuela's gold? Talk about a RUSH out of "paper" and a mad scramble to physical possession of precious metals, esp. Gold !

as far as seeing buying of the jrs., I would imagine the producers will be the 1st to move, but there has been a lot of talk of an increase in M & A by the big companies of the small companies not yet in production with proven resources in the ground. We would just like to see some kind of financing, not a take over IMHO, although money talks !