Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold and Silver charts
>
Reply to Thread
Message:
<p>[QUOTE="EdThelorax, post: 3262780, member: 99854"]This is a much more complex question than it may appear. First we must ask which CB's are buying?</p><p><br /></p><p>This is a nice graph that shows that the top 3 Cb holders of gold (US, Germany and Italy) have not changes their holdings in the last 18 years. 3 of the top ten have dis-hoarded or sold (France, Switzerland, and the Netherlands) The UK could be added to this as their sales have removed them from the top 10.</p><p>That leaves 4 in the top ten that have added since 2000 (Russia, China, japan and India)</p><p><a href="http://bmg-group.com/international-gold-reserves-by-central-bank-by-country/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://bmg-group.com/international-gold-reserves-by-central-bank-by-country/" rel="nofollow">http://bmg-group.com/international-gold-reserves-by-central-bank-by-country/</a></p><p><img src="http://bmg-group.com/wp-content/uploads/2018/08/international-gold-reserves-central-bank-country-2018.08.09-1024x576.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p>As to why they have added, you can just "trust" the other poster as to the reason. Maybe he has some inside information from these countries that he isn't sharing.</p><p>Here is an article from those "fever dreaming conspiracy nuts" over at Forbes.</p><p><a href="https://www.forbes.com/sites/simonconstable/2018/09/11/central-banks-on-gold-buying-spree-over-dollar-worries/#214d3f9d1fc2" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.forbes.com/sites/simonconstable/2018/09/11/central-banks-on-gold-buying-spree-over-dollar-worries/#214d3f9d1fc2" rel="nofollow">https://www.forbes.com/sites/simonconstable/2018/09/11/central-banks-on-gold-buying-spree-over-dollar-worries/#214d3f9d1fc2</a></p><p><br /></p><p>A very important point that should be addressed is gold "leasing" which is basically loaning physical gold. This trick allows the holder to keep the gold on their books even though they no longer possess it. It also allows the leased gold to be sold, in which case it would also appear on the books of the buyer. That would be a topic to be addressed in a separate reply.[/QUOTE]</p><p><br /></p>
[QUOTE="EdThelorax, post: 3262780, member: 99854"]This is a much more complex question than it may appear. First we must ask which CB's are buying? This is a nice graph that shows that the top 3 Cb holders of gold (US, Germany and Italy) have not changes their holdings in the last 18 years. 3 of the top ten have dis-hoarded or sold (France, Switzerland, and the Netherlands) The UK could be added to this as their sales have removed them from the top 10. That leaves 4 in the top ten that have added since 2000 (Russia, China, japan and India) [url]http://bmg-group.com/international-gold-reserves-by-central-bank-by-country/[/url] [IMG]http://bmg-group.com/wp-content/uploads/2018/08/international-gold-reserves-central-bank-country-2018.08.09-1024x576.jpg[/IMG] As to why they have added, you can just "trust" the other poster as to the reason. Maybe he has some inside information from these countries that he isn't sharing. Here is an article from those "fever dreaming conspiracy nuts" over at Forbes. [url]https://www.forbes.com/sites/simonconstable/2018/09/11/central-banks-on-gold-buying-spree-over-dollar-worries/#214d3f9d1fc2[/url] A very important point that should be addressed is gold "leasing" which is basically loaning physical gold. This trick allows the holder to keep the gold on their books even though they no longer possess it. It also allows the leased gold to be sold, in which case it would also appear on the books of the buyer. That would be a topic to be addressed in a separate reply.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold and Silver charts
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...