It is very hard to quote from an image, and I think we are going to do a lot of quoting. So I transcribed it for our benefit. Please let me know if I made any typos.
The U.S. government will be able to extract value on different steps ahead of a new gold policy announcement.
(Step I) Prepayment Spread: In order to attain the most value of the current markets, the U.S. government through foreign purchasing agents would acquire certain gold deliverable and financial contracts, in order to lock-in deeply discounted rates vs. current gold prices for future gold supply. Key Contracts: (i) A prepaid gold forward agreement is a facility in which a buyer agrees to purchase a quantity of the metal from a producer in exchange for an up-front payment. In short, the buyer is acting as a lender by providing money up-front in exchange for and secured by a portion of future production. It is traditionally possible to achieve considerable price discounts with junior and mid-tier gold miners; (ii) Undervalued gold delivery securities from producers are available to be purchase d over-the-counter from a select number of mining investors, and including prepayment contracts, streaming claims and royalty flows. Given the restrained number of players, sellers appreciate buyers' bids at the current market backdroop; (iii) Finally, by purchasing out-of-the-money gold call options from producters, it is possible to profit from the gold uptrend in a less capital intensive way.
(Step II) Gold Price Appreciation: Upon announcement, the overall value appreciation of gold will grant additional gains on the gold supply in Step I. The overall gains of such appreciation would deeply strengthen the US the ability to fund new projects.
(Step III) Uneconomical gold mines: In addition to financial contracts, prior to the policy announcement, several uneconomical contracts in out-of-the-money mines will have been acquired at deep discounts. Upon gold price adjustments the resources will turn into viable mining assets and secure long-term gold supply intended for monetary stability of the U.S. dollar. The deepest value will be achieved by acquiring pre-production and special situation junior mines, either through private acquisitions or by acquiring public stocks.
Furthermore, the junior and mid-tier gold mining world is an ideal market for privately acquiring deeply discounted prepayment contracts, secondary securities and uneconomical assets, given the current limited capital markets access available to these companies. Knowledge of this market's dynamics and players, from investors to producers, is key for the execution of the present plan.
full contex is not there.......source is not confirmed........but it implys a coming government policy change that will cause a rise in gold price.....and is a 3 step plan on how to front run/profit/gain some control of physical gold, etc..