"..have you got any central bank sales or purchases info . net position of movement say the last year month/ month . cant get it anywhere.."
Even the World Gold Council admits it's figures are rubbery, based on knows plus best guesses.
China publishes figures which no-one believes.
Note that in 2010 central bank's, taken as a whole, went from net sellers to net buyers.
This coincides with the vigorous knockdown of the GP and the start of massive buying by China, Russia and India
There doesn't seem to have been much of an increase in buying by Western central banks. European CBs appear more interested in getting their gold back from the US and Britain.
If you look at a chart showing the meteoric rise to around US$1900 in the years following the GFC, it's clear that gold was set to do the US some serious damage. So they drove it down with the twin devices of massive QE and the Comex naked gold paper futures contract dumps on the market.
Gold metal is economically a highly strategic material, alway has been, but even more so right now.
We know the flow from West to East still continues apace, and there is a constant arbitrage due to higher gold and silver prices in the Shanghai Gold Exchange.
China, while still accumulating, is downright dishonest about its official gold holding.
IMO we will be massively surprised to to find out just how much, sometime in the not-too-distant future.
23.
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