$64,000 question

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Aubuy

Big Eyed Bug
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What are central banks really thinking about gold? Buy, sell, hold, hide.
 
hedging i reckon

and hoping that they can keep their mandated paper show going until they retire
 
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. :banana:
 
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...")

 
Aubuy said:
What are central banks really thinking about gold? Buy, sell, hold, hide.
Click to expand...

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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