Gold - Who's buying, who's selling, Who's holding

EagleEye

And here's recent activity, since the economic crisis began:



CNN - Central Banks join the gold rush

Cladiator

We have enough gold here to back 72.8% of our reserve? That's alot.

Geotovore

I own .00002688 tonnes of gold, and am currently holding.

30AnvZ28

I own 0.000028349523125 Tons and am currently holding as well.

roadrunner

Since the ECB stopped its annual 500 ton of gold sales per year, those charts now look radically different as there really are no significant sellers of CB gold from here. And if there are, it's because someone will be strong-armed to help bail out some bank that has a large delivery coming up.

roadrunner

Geotovore

<< <i>I own 0.000028349523125 Tons and am currently holding as well. >>



When did you overtake my gold supremacy? The Geotovorians will not take this lightly!

Smittys

8133metric tons = 324 billion dollars
That's not to much in the scheme of thing

AboutAg

<< <i>We have enough gold here to back 72.8% of our reserve? That's alot. >>



I believe that means that 72.8% of the stuff backing our money supply is gold (as opposed to foreign currency and such). It doesn't mean if we reduced the money supply by about 30%, it would be 100% backed by gold. The U.S. owns only about $300 billion of gold.

gsa1fan

Still buying

COINB0Y

<< <i>[......... The U.S. owns only about $300 billion of gold. >>



OK, so that's about 4 months worth of 2010 US Govt spending or a million Michelle Vacations

pf70collector

Selling gold to buy more gold if that makes sense.

Konahead

Still stacking

morgantype

Did someone say STACK??!??!

curly

Stackin' em on up here, boss.

CoinCrazyPA

Bought more on the recent dips and holding.