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Old 05-30-2013, 10:05 AM   #1
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$64,000 question

What are central banks really thinking about gold? Buy, sell, hold, hide.
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Old 05-30-2013, 12:08 PM   #2
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hedging i reckon

and hoping that they can keep their mandated paper show going until they retire
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Old 05-30-2013, 03:46 PM   #3
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The gold that may or may not be in central bank vaults is kind of like the 800 pound gorilla in the room when it comes to trying to guess what the price of gold is going to be over the next few years.
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Old 05-30-2013, 06:45 PM   #4
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I think it is unlikely they still own what most people think they own. First, why have just one single line for "gold & gold receivables" - "ladies and gentlemen of the supposed jury, it just doesn't make sense". Secondly, why ze Germans have to wait 7 years to get theirs - ("ladies and gentleman, this is Chewbacca...")

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Old 07-13-2013, 08:13 AM   #5
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Originally Posted by Aubuy View Post:
What are central banks really thinking about gold? Buy, sell, hold, hide.
They buy and repatriate like mad.

BRICS buying, Germany repatriating, Venezuela repatriated already, etc.

They all know gold is of value. More value than fiat.
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