Main Forum & Exhibition

Tuesday 26 June 2012 – Main Forum & Exhibition

08:00      Registration and coffee

09:00      Chairman’s opening remarks and business card exchange

                Jeffrey Nichols, Managing Director, American Precious Metals Advisors

 
Gold and precious metals macro outlook and investment strategies

09:10    Keynote: Global macro economic outlook and its implications for the gold price

• How will U.S. monetary policy, quantitative easing and Europe’s sovereign debt crisis impact the price of gold?
• Analysing the key market drivers and demand trends for gold and precious metals
• Exploring the correlations between gold, bonds, equity and currency markets
• How does the current volatile economic climate impact investment choices and what investment instruments
  provide exposure to rising gold prices?
• Bull or bubble? Pros and cons of investing in gold and precious metals

Frank E. Holmes, Chief Investment Officer and CEO, US Global Investors

 09:35      Keynote: Gold-linked investment strategies

• How and why to utilise gold as an inflation hedge and portfolio diversifier
• Performance indicators and outlook for mainstream gold-linked investment instruments: bullion, funds and equities
• Evaluating the role of ETFs in the precious metals market
• Examining the correlations between physical gold, gold mining equities and funds
• Fixed versus dynamic asset allocation and modelling return expectations

 Philip Klapwijk, Global Head of Metals Analytics, Thomson Reuters GFMS

10:00     Keynote: Gold in stagflation: currency, wealth preserver, risk hedge or all three?

• Market fundamentals and distribution of global gold demand and supply
• Central banks – Official sector purchases and holdings
• Gold as an investment – Analysing the impact of an allocation to gold in a portfolio

Marcus Grubb, Managing Director Investment, World Gold Council

10:20   Session Q&A

10:30   Morning refreshments and networking

11:00      Keynote: Outlook for global gold production and exploration

• Examining the state of global gold mining and assessing investor confidence in the gold mining sector in Asia
• Possible growth strategies for gold mining companies: production increase, exploration projects or M&A
• Funding, infrastructure, skills and equipment shortages: key challenges for precious metal mining sector
• Identifying success and fail factors for gold mining projects
• Industry outlook, emerging gold projects and key investment opportunities in 2012-2013

Owen Hegarty, Executive Vice Chairman, G-Resources

 Company spotlight case study

• Doing your due diligence – what are the key investment valuation ratios for gold stocks?
• Pinpointing the main causes of gold equity underperformance in relation to the gold spot price 
• Outlook for gold equity performance
• Investing in producers or explorers: Benefits and potential risks compared
• How to identify gold mining stocks with high growth potential

John A. Robertson, Director, E.I.M. Capital Managers

12:10      Assessing the opportunities and risks of investing in gold exploration projects

• Who is investing in gold exploration projects and why? Investor profile and investment valuation ratios
• Identifying investment opportunities and risk-return prospects across the development lifecycle of
  an exploration project
• Greenfield or brownfield exploration: evaluating the pros and cons of each exploration strategy
• Private equity vs publicly listed: Stock price and performance of unlisted and listed mining stocks compared
• Analysing key success and crash factors for gold exploration projects
• Outlook: Up and coming gold projects and their investment opportunities

Lawrence Roulston, Editor, Resource Opportunities

Company spotlight case study

12:35      Kolar Gold
                 Nick Spencer, Chief Executive Officer, Kolar Gold

12:45      Session Q&A

12:55      Lunch and networking

 Gold Funds, ETFs, Futures and Bullion

14:00   Investing in gold and precious metal funds and ETFs

• Overview of gold funds and ETFs and investor demand in Asia
• The legal vehicles to get exposure to gold and precious metals
• When and why to invest in precious metal funds and ETFs: Investment risk and return evaluation
• Single commodity or diversified index?
• Tracking physical gold or gold equities: benefits, downsides and outlook for each

Marco Montanari, Head Deutsche Bank ETFs and of db X-funds, Deutsche Bank

14:20    Bullion investing and exchange trading for professional investors

• Making the case for investing in bullion
• Trading through an exchange or via bullion traders: Costs, benefits and potential risks compared
• Trading fundamentals: What investors need to know about investing in gold and silver bullion

Ross Norman, Chief Executive Officer, Sharps Pixley

14:40     Panel: Strategies for optimising investor returns in precious metals

• Investor views on gold and other precious metals: the bulls vs bears positions
• Precious metal market access: the choice of ETF’s, futures / options and mining equities
• Active management of portfolio risk & return through the use of derivatives
• Considerations when leveraging a precious metal investment

Frank E. Holmes, Chief Investment Officer and CEO, US Global Investors
David Quarmby, Director Commodity Structuring, Standard Chartered Bank
Sunil Kashyap, Head of Asia, ScotiaMocatta and Scotia Capital-FX
Joseph Ho, Managing Director & Head of ETFs Asia Pacific, Credit-Suisse
Christopher Wyke, Commodities product manager, Schroder Investment Management

15:25      Afternoon refreshments and networking

15:45     Precious metal demand and investment patterns in India and China

• Demand outlook for gold and other precious metals in Indiaand China
  and impact on the world gold market
• Analysing drivers for precious metal investment and shifting investment patterns

Kunal Shah, Head of Commodities Research, Nirmal Bang   

16:05   Central bank policies and influence on the gold price

• Central banks and the gold market
• Naked short positions in gold and implications for the future of the gold price

Chris Powell, Secretary/Treasurer, GATA

16:25      Experts’ round table: Precious Investment Opportunities Round-Up

• Which precious metals should you be investing in and why?
• What investment instruments to choose and how to select ‘winning’ ones
• The experts’ best picks: stocks, funds and regions to keep an eye on

Lawrence Roulston, Editor, Resource Opportunities
Philip Klapwijk, Global Head of Metals Analytics, Thomson Reuters GFMS
Ross Norman, Chief Executive Officer, Sharps Pixley
Kunal Shah, Head of Commodities Research, Nirmal Bang

 17:00      Close of day one – Networking Cocktail Reception