Post by unlawflcombatnt on Nov 18, 2009 13:04:01 GMT -6
It's interesting to track the sales and purchases of gold by Central Banks over the last 5-6 years.
Since July 2003, China's central bank has purchased 454 tons of gold, while Russia's has 179 tons. Indonesia has purchased 23 tons and Kazakhstan purchase 19 tons.
The US, Japan, Germany, and Great Britain have reported an amount of Gold held by their central banks.
Most other countries and international organizations (i.e., the BIS and ECB) have been net sellers.
Over the same period of time, Switzerland has sold 740 tons, France 579 tons, the ECB 265 tons, Spain 242 tons, Portugal 235 tons, the Netherlands 230 tons, the Philippines 118 tons, the BIS (Bank of International Settlements) 72 tons, Sweden 54 tons, Austria 37 tons, & Belgium 30 tons.
Below are links showing this information.
www.research.gold.org/reserve_asset/
Gold Reserve Holdings by Country
www.gold.org/assets/file/value/stats/statistics/archive/pdf/World_Official_Gold_Holdings_Sept_2009.pdf
www.gold.org/assets/file/value/stats/statistics/archive/pdf/World_Official_Gold_Holdings_June_2009.pdf
www.gold.org/assets/file/value/stats/statistics/archive/pdf/World_Official_Gold_Holdings_Sept_2008.pdf
www.gold.org/assets/file/value/stats/statistics/archive/pdf/World_Official_Gold_Holdings_Sep_2007.pdf
www.gold.org/assets/file/value/stats/statistics/archive/pdf/World_Official_Gold_Holdings_Sep_2006.pdf
www.gold.org/assets/file/value/stats/statistics/archive/pdf/World_Official_Gold_Holdings_Sept_2005.pdf
www.gold.org/assets/file/value/stats/statistics/archive/pdf/World_Official_Gold_Holdings_Oct_2004.pdf
Central Bank Agreement to reduce 5 year gold sales to 2000 tonnes (400 tonnes/year-->down from 500/year)
www.gold.org/assets/file/pr_archive/pdf/statement_on_CBGA_pr.pdf
Gold Supply & Demand www.gold.org/assets/file/value/stats/statistics/pdf/Supply_Demand.pdf
Gold Demand in Tons www.gold.org/assets/file/value/stats/statistics/pdf/Demand_Tonnes.pdf
Since July 2003, China's central bank has purchased 454 tons of gold, while Russia's has 179 tons. Indonesia has purchased 23 tons and Kazakhstan purchase 19 tons.
The US, Japan, Germany, and Great Britain have reported an amount of Gold held by their central banks.
Most other countries and international organizations (i.e., the BIS and ECB) have been net sellers.
Over the same period of time, Switzerland has sold 740 tons, France 579 tons, the ECB 265 tons, Spain 242 tons, Portugal 235 tons, the Netherlands 230 tons, the Philippines 118 tons, the BIS (Bank of International Settlements) 72 tons, Sweden 54 tons, Austria 37 tons, & Belgium 30 tons.
Below are links showing this information.
www.research.gold.org/reserve_asset/
Gold Reserve Holdings by Country
www.gold.org/assets/file/value/stats/statistics/archive/pdf/World_Official_Gold_Holdings_Sept_2009.pdf
www.gold.org/assets/file/value/stats/statistics/archive/pdf/World_Official_Gold_Holdings_June_2009.pdf
www.gold.org/assets/file/value/stats/statistics/archive/pdf/World_Official_Gold_Holdings_Sept_2008.pdf
www.gold.org/assets/file/value/stats/statistics/archive/pdf/World_Official_Gold_Holdings_Sep_2007.pdf
www.gold.org/assets/file/value/stats/statistics/archive/pdf/World_Official_Gold_Holdings_Sep_2006.pdf
www.gold.org/assets/file/value/stats/statistics/archive/pdf/World_Official_Gold_Holdings_Sept_2005.pdf
www.gold.org/assets/file/value/stats/statistics/archive/pdf/World_Official_Gold_Holdings_Oct_2004.pdf
Central Bank Agreement to reduce 5 year gold sales to 2000 tonnes (400 tonnes/year-->down from 500/year)
www.gold.org/assets/file/pr_archive/pdf/statement_on_CBGA_pr.pdf
Gold Supply & Demand www.gold.org/assets/file/value/stats/statistics/pdf/Supply_Demand.pdf
Gold Demand in Tons www.gold.org/assets/file/value/stats/statistics/pdf/Demand_Tonnes.pdf