Few of my notes from his call...

* LOVES the Canadian looney which is along with gold being viewed as a "store of value." could go to 1.10 - 1.20

*Recommending that institutions put a higher % of their holdings into PM as a store of value especially given that this price is rising even in face of some deflation evidence

*BP $20 b is not capped....this is high risk stock and should be avoided especially where the judges in louisiana and alabama financed by the trial lawyers

*Question from audience on when loonie will be over valued - coxe's view is that he is not picking a target as the sky is a limit given the huge net worth of wealthy people and banks who will be investing in the looney. For Americans on the call cannot stress enough the importance of having an overweight position