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<p>[QUOTE="fatima, post: 1326343, member: 22143"]Central Banks don't buy and sell on the retail market UNLESS they want to affect the POG and they always do it by proxy. Otherwise, gold swaps, exchanges and purchases between central banks, their bullion banks, government treasuries and other entities occur outside the retail market and without public disclosure. Almost always, these never result in the physical movement of gold, but instead are handled by a records change at a central bank depository. One notable exception to this, is the current physical transfer of Venezuela's gold from the Bank of England to the the actual central bank in Venezuela. The vast majority of these transactions fall under the privileged "monetary operations" and are not subject to direct review. </p><p><br /></p><p><br /></p><p>If you want official documents this link has plenty of them in their analysis. </p><p><br /></p><p><a href="http://www.zerohedge.com/news/central-banks-quietly-accumulating-gold-declared-purchases-206-tons-through-september-2011" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.zerohedge.com/news/central-banks-quietly-accumulating-gold-declared-purchases-206-tons-through-september-2011" rel="nofollow">http://www.zerohedge.com/news/central-banks-quietly-accumulating-gold-declared-purchases-206-tons-through-september-2011</a>[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1326343, member: 22143"]Central Banks don't buy and sell on the retail market UNLESS they want to affect the POG and they always do it by proxy. Otherwise, gold swaps, exchanges and purchases between central banks, their bullion banks, government treasuries and other entities occur outside the retail market and without public disclosure. Almost always, these never result in the physical movement of gold, but instead are handled by a records change at a central bank depository. One notable exception to this, is the current physical transfer of Venezuela's gold from the Bank of England to the the actual central bank in Venezuela. The vast majority of these transactions fall under the privileged "monetary operations" and are not subject to direct review. If you want official documents this link has plenty of them in their analysis. [URL="http://www.zerohedge.com/news/central-banks-quietly-accumulating-gold-declared-purchases-206-tons-through-september-2011"]http://www.zerohedge.com/news/central-banks-quietly-accumulating-gold-declared-purchases-206-tons-through-september-2011[/URL][/QUOTE]
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