where is the savage depression the predicted, page-30

Simple Question:

1)Why do central banks hold so much gold if its not a fundamental support base for the financial system?

sub question i)

Why did central banks sell so much of the stuff in the late nineties and early 2000's, to then completely reverse the exercise.? Did they think it wasn't important any more and then suddenly it was?

No one from the anti gold camp has ever been able to answer these simple questions....