Gold and bail-ins - Alasdair MacLeod

``... next time there is a market hiatus in gold bullion banks will probably be forced to renege on their gold obligations to customers, settling in currency-cash if they can. Since bullion banks are mostly divisions of larger commercial banks, a failure in the gold market is likely to spill over into a wider banking crisis, and it becomes a moot point whether the solution is bail-in, bail-out, or systemic collapse.''