les ventes des europeens RALENTISSENT et ça va continuer !
pd cetemps la la Russie fait son shopping..

From Neal Ryan at the Blanchard Economic Research Unit
DATE: December 19, 2006

Central Bank buying and selling activity over the past quarter has been updated as of today by the IMF.[b]
We've seen continued selling, albeit quite slowed from previous years, from European Central Banks who are looking to diversify their reserve holdings away from being so heavily weighted in gold. France, Spain and Portugal are the leading sellers over the past few months. The interesting part to focus on for the selling banks is that the selling totals have continued to slow and the sellers are running out of gold they will part with at these price levels. Spain, Portugal and France have sold off nearly 530 tonnes of gold in the last three years. They can't keep selling at this rate much longer.
On the positive side, Russian gold reserves have gone up nearly 10 tonnes over the same period. As the old saying goes, "they're putting their money where their mouth is" and the Russians have begun to increase their reserve exposure to gold since stating publicly earlier this year that they would double their reserves exposure from 5% to 10% of their total holdings.
Remember too that generally these buy/sell figures are also reported on a 3-9 month lag, with the exception of ECB captive banks, who report on time sales according to ECB regulations. So there could be additional information on buyers out in the market that still has yet to surface on official bank tallies.
Sales are continuing to slow. The central bank buying we've been waiting on is beginning to emerge in the market. This will significantly impact the supply/demand equation in the market to the benefit of rising prices in the future.[/b]

à propos des ventes du systéme BCE justement, les chiffres relevés sur BCE site sont souvent mal interprétes ..
ce ne sont pas 27 tonnes qui ont été vendues en 1 seule semaine .. mais depuis la derniere annonce au 1er décembre !

la BCE a un systeme d'annonce tres particulier .. ;-))

bref voici les chiffres REELS , source MIDAS

The weekly ECB statistics revealed two "Eorosystem Central Banks" sold a total of E405 Mm of gold, 26.83 tonnes at the current book value. Of this, 23 tonnes is almost certainly the amount announced by the ECB on December 1st as being sold for their own account. Why they announce first and run it through the books later is a mystery. On that basis, the remaining 3.83 tonnes is lower than the 4.64 tonnes announced last week and far below the notional WAG2 weekly run rate of 9.6 tonnes.

donc cette semaine 3.83 T et la sem derniere 4.64T et non pas 27 T en 15 jours, ou une semaine ,comme dit par certains
27t depuis le 1er décembre .. ce n'est pas du tout pareil ..

on est loin du quota hebdomadaire WAG2 de 9.6 T ..

tout cela confirme bien le ralentissement observé plus haut ..

rappelons également que le président de la BUBA Axel Weber a déclaré fin sept 2006 ne plus vouloir préter son or ..
ceux qui cherchent à emprunter sont donc dans le souci .. aucune raison de paniquer ... au contraire !


donc
-d'un coté les réserves des BC baissent et elles ne vont pas pouvoir continuer à vendre à ce rythme ..
-de l'autre la D EST Orientale .. se fait de plus en plus présente ...

-et enfin la production DIMINUE ...
l'équation se précise .... et elle est clairement en notre faveur !

pour mémo, apres l'australie et l'af du sud , c'est au tour du Pérou ,le 5eme producteur mondial de gold d'annoncer une baisse de production
________________


Peru Gold Output in September Fell Most in 19 Months
2006-12-19 18:10 (New York)

Dec. 19 (Bloomberg) -- Peru's gold production in September tumbled 9.5 percent, the most in 19 months, led by a plunge at Newmont Gold Corp.'s Yanacocha mine, the country's biggest source of the precious metal.
Output fell to 16,437 kilograms from a year earlier, including a 40 percent drop at Yanacocha, because of declining ore grades, the Energy and Mines Ministry said today in a
statement on its Web site. Copper output rose 1.4 percent to 85,074 tons, including gains at Antamina and Xstrata Plc's Tintaya mine, the ministry said.

Peru, the world's fourth-largest copper producer and fifth- biggest in gold, is counting on $12 billion in mining exports to drive economic expansion of 7 percent this year. The Andean country has benefited from a 50 percent gain in copper prices from a year ago and a 24 percent rally in gold.

``Everyone keeps exploring, so we hope there will be more discoveries,'' Oscar Gonzalez Rocha, chief executive office of Southern Copper Corp., the world's fifth-largest copper producer, told reporters in Lima today. ``But all these projects aren't going to increase output until 2009.''

WAG 1et 2 , le point au 29 déc 2006


http://news.goldseek.com/GoldForecaster/1167454800.php

"curieusement" une des bques de l'eurosytéme a acheté de l'or la semaine se terminant le 22 déc .. mais comme le solde ventes reste positif .. on ne sait pas combien .. et surtout qui ..
en tout cas, le fait est suffisamment inhabituel pour etre relevé ...

des rumeurs annoncent que l'italie pourrait etre ce mystérieux acheteur ..

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/01/03/cngold03.xml

Lien invalide Marie...

Ma non sarrebe per surprendermi che l'Italia divente compratore, tra oro et italia, E sempre stato una storia d'amore...

Forza italia*...!!!

( *ma non sto parlando del partito politico del disgrazziato di Berlusconi)

LOL Sandro ... ..
ok c'est corrigé now

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/01/03/cngold03.xml

et tant qu'on y est voila 1 version differente de l'affaire



http://www.mineweb.net/gold_silver/555507.htm