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

EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
in Precious Metals

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

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CNN - Central Banks join the gold rush
Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:

Comments

  • CladiatorCladiator Posts: 18,041 ✭✭✭✭✭
    We have enough gold here to back 72.8% of our reserve? That's alot.
  • GeotovoreGeotovore Posts: 169
    I own .00002688 tonnes of gold, and am currently holding.
  • 30AnvZ2830AnvZ28 Posts: 1,619
    I own 0.000028349523125 Tons and am currently holding as well.
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    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
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • GeotovoreGeotovore Posts: 169


    << <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!
  • SmittysSmittys Posts: 9,876 ✭✭✭✭✭
    8133metric tons = 324 billion dollars
    That's not to much in the scheme of thing image
    https://www.ebay.com/str/christyscoins
  • AboutAgAboutAg Posts: 201 ✭✭


    << <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.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Still buyingimage
    Avid collector of GSA's.
  • COINB0YCOINB0Y Posts: 4,505


    << <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
  • pf70collectorpf70collector Posts: 6,647 ✭✭✭
    Selling gold to buy more gold if that makes sense.
    Montana State Quarter Die Clash

    Box of 20
  • KonaheadKonahead Posts: 1,476 ✭✭✭
    Still stacking
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV
  • morgantypemorgantype Posts: 456
    Did someone say STACK??!??!
    Many buy and sell transactions. Let's talk!
  • curlycurly Posts: 2,880 ✭


    Stackin' em on up here, boss.
    Every man is a self made man.
  • CoinCrazyPACoinCrazyPA Posts: 2,899 ✭✭✭✭
    Bought more on the recent dips and holding.
    Positive BST transactions: agentjim007, cohodk, CharlieC, Chrischampeon, DRG, 3 x delistamps, djdilliodon, gmherps13, jmski52, Meltdown, Mesquite, 2 x nibanny, themaster, 2 x segoja, Timbuk3, ve3rules, jom, Blackhawk, hchcoin, Relaxn, pitboss, blu62vette, Jfoot13, Jinx86, jfoot13,Ronb

    Successful Trades: Swampboy,
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