Timber, see your earlier comment below:
"The claim that central banks are buying gold interests me because I have seen no evidence for this at all in the West. If it is true, then I can only conclude that the madmen have taken over the asylum. Gold won't save the payment system."
See the chart below.
More recent data shows CB gold sales have dried up completely:
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- GOLD
- banks shorting gold - not forced selling
banks shorting gold - not forced selling, page-42
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