Gold Stocks - buying the break...

Discussion in 'Commodity Futures' started by ukxgerard, Jun 13, 2006.

  1. The annual Central Bank gold sales numbers close out in Sept don't they? I bet we have very little Central Bank selling from here on. I think they'll wish they had it back in the end.

    My big longs are a couple of those on your list. You've figured the same way I have.
    #61     Aug 9, 2006
  2. Sept 26 is the last day.The number I read last week was 331 tonnes were sold by central banks so far this year.Article implies its highly unlikely they will meet 500 ton limit.But I ve been active in this sector on and off for 20 years,and I know that however unlikely it seems that they will meet 500 ton limit,because when it comes to gold, next to the actual dollar,gold is the most managed asset class.
    #62     Aug 21, 2006