Godlike Productions - Conspiracy Forum
Users Online Now: 2,244 (Who's On?)Visitors Today: 648,751
Pageviews Today: 938,383Threads Today: 236Posts Today: 4,850
10:37 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Official: IMF confirms gold lending by Central Banks, GOLD was SOLD into the market

 
Anonymous Coward
User ID: 28780156
United Kingdom
12/10/2012 01:18 PM
Report Abusive Post
Report Copyright Violation
Official: IMF confirms gold lending by Central Banks, GOLD was SOLD into the market
This has to be pinned! It's what we thought all along...

[link to www.gata.org]

8. The demand for gold for fabrication purposes, in particular from the jewelry and electronics industries, has consistently out-paced the supply from current production over the past 20 years. The so-called market deficit--i.e., physical demand lessmine production-has been widening over the years and filled by direct salesfrom official and private sector stocks, and from gold lending by many central banks, which have resulted in salesin the spot market by the bullion banks, who borrowed the gold.

Got physical?
Anonymous Coward (OP)
User ID: 28780156
United Kingdom
12/10/2012 01:21 PM
Report Abusive Post
Report Copyright Violation
Re: Official: IMF confirms gold lending by Central Banks, GOLD was SOLD into the market
the quote is from page 4...
Anonymous Coward (OP)
User ID: 28780156
United Kingdom
12/10/2012 01:24 PM
Report Abusive Post
Report Copyright Violation
Re: Official: IMF confirms gold lending by Central Banks, GOLD was SOLD into the market
and p7:

14. The current demand for gold for fabrication and industrial use has outstripped current production by 40 percent per annum over the last decade, and this gap between demand and current production-the so-called “market deficit”-has widened over the years (Table 1). This deficit has been filled by sales of gold stocks by the private sector (i.e., scrap gold) and central banks and, increasingly, by central bank gold lending.


Fort Tungsten, it is then.
Anonymous Coward (OP)
User ID: 28780156
United Kingdom
12/10/2012 01:27 PM
Report Abusive Post
Report Copyright Violation
Re: Official: IMF confirms gold lending by Central Banks, GOLD was SOLD into the market
p11:
The increased mobilization of central bank reserves through gold lending operations has had a depressing influence on the spot price for gold since on-lent gold is usually associated with sales of gold in the spot market (Section IV).
Anonymous Coward (OP)
User ID: 28780156
United Kingdom
12/10/2012 01:37 PM
Report Abusive Post
Report Copyright Violation
Re: Official: IMF confirms gold lending by Central Banks, GOLD was SOLD into the market
No interest, really????
This is YOUR DOLLAR/POUND/... they are manipulating, here!!!

p26:
At the same time, gold lending has led to accelerated supply of gold to the spot market, which has tended to put downward pressure on the spot price of gold.
waht

User ID: 24118278
United States
12/10/2012 01:46 PM
Report Abusive Post
Report Copyright Violation
Re: Official: IMF confirms gold lending by Central Banks, GOLD was SOLD into the market
bump

News