rmv,
There's no news of any substance in central bank purchases or activites, this is also from CPM Group:
On the subject of the so-called recent ‘massive’ central bank purchases, CPM Group notes that in fact “even with the two large purchases (one million ounces by the Philippines and 954,000 ounces by Turkey) included, the gross and net purchases by central banks in the past two months are not really that out-sized compared to purchases over the past several years. In fact, they are pretty much in line with gross and net purchases by central banks in recent years. In other words, there is not that much new here to revel at.”
- Forums
- Commodities
- GOLD
- $5,000 gold
$5,000 gold, page-21
-
- There are more pages in this discussion • 176 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)