Tuesday, October 9, 2012

Do western central banks have any gold left?

Somewhere deep in the bowels of the world’s Western central banks lie vaults holding gargantuan piles of physical gold bars… or at least that’s what they all claim.  [...]

It may very well be that a large portion of physical gold currently flowing to new buyers is actually coming from the Western central banks themselves.

Story: http://www.mining.com/web/do-western-central-banks-have-any-gold-left/