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<p>[QUOTE="desertgem, post: 1326330, member: 15199"]Reference won't allow me to read unless I sign up.</p><p><br /></p><p><br /></p><p>If you read it carefully, it doesn't say that the central bank bought/kept it for reserve, it indicates that it was moved into retail business such as jewelry.</p><p><br /></p><p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">As indicated by the articles, it is government reporters hearsay, not government documents as there was no price indicated , nor who they bought it from. Most likely another central bank of some country, and no price , so could even been under spot at the time. If a central bank bought or sold at retail, it would affect the POG, but buying within themselves does not, IMO.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Jim</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1326330, member: 15199"]Reference won't allow me to read unless I sign up. If you read it carefully, it doesn't say that the central bank bought/kept it for reserve, it indicates that it was moved into retail business such as jewelry. [LEFT][COLOR=#000000] As indicated by the articles, it is government reporters hearsay, not government documents as there was no price indicated , nor who they bought it from. Most likely another central bank of some country, and no price , so could even been under spot at the time. If a central bank bought or sold at retail, it would affect the POG, but buying within themselves does not, IMO. Jim [/COLOR][/LEFT][/QUOTE]
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