However, it doesn't appear ANY central banks are sellers of gold atm.
The cenral banks of the west don't seem to be buying gold. (This is one reason that it has been said that wealth is being transferred from the West to the East.)
Although, maybe the US now have Libya's gold?
China, Russia etc are buying gold.
China supposedly in secret.
Remember they have access to their own gold mines production. I believe they no longer export any gold from their own mines.
The Russians being upfront and buying each month.
China still has long way to go from official stats to catch up to some of the larger holders. Max Keiser speculates they may assist Italy in return for their rather large stash of gold.
Unfortuantley, Australia like the Brits, sold gold at ridiculously low levels.
