Hardinvestor

skipper Inscrit le : 05 Fév 2005 Messages : 8688

on commence wag 4 avec une sacrée farce de la suéde .. mdr

la bc de suéde annonce la vente de 10 T de gold pour la durée de wag 4 => 26-09-2007 au 26-09-2008

10T sur 1 an, maman j'ai peur ! mdr1

)

sur les 150 T dont elle disposait à wag 1, la bc a déja vendu 35 t et a quota quinquennal de 60 tonnes
elle dispose actuellement d'une réserve de 150 T

Riksbank to sell 10 tonnes gold over next 12 months

STOCKHOLM, Sept 28 (Reuters) - Sweden's central bank said on Friday it would sell up to 10 tonnes of gold during the next 12 months and use the proceeds to buy foreign currency denominated securities.
The Riksbank said the sales would take place between Sept. 27 this year and Sept. 26, 2008, and were aimed at getting a better risk-adjusted return on its assets.
The sale is in compliance with the Central Bank Gold Agreement between 15 European central banks which came into force on Sept. 27, 2004.

Under the five year agreement, the Riksbank can sell up to 60 tonnes of gold. So far it has sold a total of 35 tonnes. The Riksbank's gold reserve currently amounts to 150 tonnes.

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"getting a better risk-adjusted return on its assets"
You mean like England who sold their gold at $275 per ounce to do the same? Sheeple Sweden comes up with the same company line as the other central banks who admit selling gold. Whatever happened to the reason for owning the stuff in the first place? I.E., to have a reserve asset other than paper for diversification purposes – sort of like cheap catastrophic insurance.

mdr1

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Pépite Bull

captain' Inscrit le : 05 Fév 2005 Messages : 5059

Excellents dévellopements de la thèse qui nous est chère...

tchin

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SILVER is KING...Go GOLD...!!!

skipper Inscrit le : 05 Fév 2005 Messages : 8688

pas gd chose de vendu sur la montée du spot .. 7 marrant hein ... Wink

1.11 T de gold vendues la sem derniére par le systéme BCE ...

The ECB weekly statement of condition, published a day late because of the quarter end, indicated gold sales by one bank, partially offset by gold coin acquisitions by another. In aggregate, the total amounted to only E17 mm last week, 1.11 tonnes at the new book value. The previous week was 1.56 tonnes. There has been heavy selling in gold on the recent rise: the ECB is staying out of the spotlight.

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et une bonne question

les derniers cots gold révélent une importante quantité de gold shortées par les commerciaux, bullions banks ..
si cet or ne provient pas des bques du systéme BCE ( voir plus haut ) d'où vient t'il?

Last week's COT numbers showed the commercials as huge sellers. If the ECB wasn't selling to stop the gold rise, especially in the first week of a new year under the Washington Agreement, then who was?
Take a guess!
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Pépite Bull

skipper Inscrit le : 05 Fév 2005 Messages : 8688

ventes nettes de la semaine : 8.8 T..
2 bques captives BCE ont vendu de l'or pendant qu'une3éme achetait des pièces d'or

source midas

The ECB statistics indicate that two CBs sold gold and one bought “gold coin” for a net disposal of E150 Mm or 8.8 tonnes at the new book value. Last week’s total was 1.1 tonnes, so it appears the ECB group has started the WAG2 year with a modest sales acceleration. If the Swiss, as is very likely, continued their c.1.5 tonne a day selling pace, CB gold sales last week were almost double the notional average of 9.6 tonnes needed to fill the yearly WAG2 quota of 500 tonnes.
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Pépite Bull

skipper Inscrit le : 05 Fév 2005 Messages : 8688

la Buba envisage de vendre 8 T pour wag4.. et encore, c'est pour faire des pièces .. source J.Brimelow

Spoke with John Brimelow today who mentioned that the Bundesbank announced it would only sell 8 tonnes of gold next year and that was for minting coin purposes. Couldn’t find this bullish news anywhere.
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Pépite Bull

skipper Inscrit le : 05 Fév 2005 Messages : 8688

6.74 T de vendues la semaine dernière , et 8.8 T, la semaine d'avant

The ECB data indicates that two CBs sold 6.74 tonnes of gold last week: the previous week the total was 8.8 tonnes. If the Swiss are selling at their recent pace of 8 or so tonnes a week the notional 9.6 tonnes needed to meet the WAG2 quota is being exceeded: but a significant sales program cannot be said to be underway.
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Pépite Bull

skipper Inscrit le : 05 Fév 2005 Messages : 8688

7.5T de gold vendues par le systéme BCE, la semaine passée

ECB data indicates that two captive CBs sold E126Mm of gold last week: 7.5 tonnes at the present book value. Last week’s total was 6 tonnes. Presuming the Swiss are continuing to sell at about 7.5 tonnes a week. CB sales are somewhat above the 9.6 tonne average needed to match the WAG2 level, but not massively so.
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Pépite Bull

skipper Inscrit le : 05 Fév 2005 Messages : 8688

net ventes du sytéme BCE 7.53T ( 2 banques vendeuses, pendt qu'une 3éme achetait de piéces )
source le métropolecafé / midas

The ECB weekly statistics indicate that two CBs sold gold last week (a third bought gold coin) with a net reduction of 7.53 tonnes, almost exactly the same as last week’s 7.5 tonnes. Once again, if the Swiss are selling at their usual pace, this would imply CB sales about 50% more than the notional pace needed to sell the full WAG2 quota.
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Pépite Bull

skipper Inscrit le : 05 Fév 2005 Messages : 8688

accélération des ventes, 11T cette semaine , source MIDAS

si on y rajoute, la vente suisse présumée de 7.5T, ça nous fait du 17.5T / semaine, soit le double du quota moyen hebdo de WAG2 quota qui est de 9.6T /semaine

vu que ces ventes ont eu lieu la semaine dernière , on peut pas dire qu'elles aient eu l'effet escompté, au contraire ! na !

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Yesterday’s ECB Statement indicated that two captive CBs sold E184 Mm of gold last week, 11 tonnes at the current book value. Last week was 7.53 tonnes. This is the largest amount in some time, and taken with the presumed 7.5 tonnes of Swiss sales is almost double the 9.6 tonnes notional weekly average needed to fulfill the WAG2 quota. On the other hand, it is not much of a response to the price action.
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Pépite Bull

skipper Inscrit le : 05 Fév 2005 Messages : 8688

encore 11 T cette semaine
vente d'une seule des banques du systéme BCE et achat de piéces d'or par une autre

source
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Pépite Bull

skipper Inscrit le : 05 Fév 2005 Messages : 8688

source midas

Today’s ECB statistics indicated that last one captive CB sold, while another bought some gold coin, for a net disposal of E29Mm, 1.73 tonnes at the current book value. The previous week the disposal (again by one bank, net of some coin purchases) was E53Mm (3.17 tonnes), and the week before E66Mm (3.95 tonnes) also net of coin purchases. ECB group sales appear to be intimidated by high gold prices.
Correspondence with friends indicates that the Swiss National Bank in fact sold only 12 tonnes of gold in October. This means the visible reserve sellers appear to be falling well behind the WAG2 quota pace, which notionally implies sales of some 9.6 tonnes a week.
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Pépite Bull

skipper Inscrit le : 05 Fév 2005 Messages : 8688

la BCE annonce qu'elle a vendu,elle même 42T d'or, sans doute depuis le début de ce WAG4
comme elle n'annonce pas que ce sont ses derniéres ventes pour l'année en cours .. ça pourrait bien continuer .. ça nous rappellerait 2006.. 1ere fois où ce phénoméne est apparu

un observateur astucieux remarque que, le ralentissement des ventes de la suisse et des bques systéme BCE, sur la même période, est certainement du à cette "manne" fournie par la BCE, elle même ..
si c'est le cas, ça signifierait que nos BC ( bce+ banques captives bce ) ont un objectif de vente "étalé ".. qui correspondrait à environ 9.6 T /semaine ( et pas d'avantage )

source midas

The ECB announced this morning that it itself has sold 42 tonnes of gold, presumably since the start of the new WAG2 year at the end of September. Usually several weeks go by before this type of transaction shows up in the ECB weekly statistics. Since the bank did not say it was finished for the year, the likelihood is a further sale will occur: this pattern was first seen in 2006.

A very shrewd observer has suggested that the slow down in gold sales by the Swiss and captive ECB CBs of late was to accommodate this sale. If so, it would imply that WAG2 does have some sort of weekly ceiling pace, maybe around the notional required average WAG2 volume of 9.6 tonnes. That would be an important piece of news.
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Pépite Bull

skipper Inscrit le : 05 Fév 2005 Messages : 8688

On Tuesday the ECB weekly statement indicated that sales from captive CB (net of coin purchases by another) caused a reduction of gold holdings of E22Mm – 1.32 tonnes at the current book value.

donc pas grand chose ...la semaine passée .. ça devrait être différent, cette semaine ..
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Pépite Bull

skipper Inscrit le : 05 Fév 2005 Messages : 8688

ba non ... rien de différent ... !! seulement 1.92 T gold vendues par le systéme BCE, semaine passée ...
donc l'or mis massivement sur le marché semaine passée vient d'ailleurs ( fmi, fort knox sont les principaux suspects? )... et c'est pas la 1ere fois qu'on peut noter cela ...

source midas

The ECB weekly statement of condition indicated one captive CB disposed of E32Mm of gold last week, 1.92 tonnes at the current book value. The previous week the amount was 1.32 tonnes. So far the large sale by the ECB announced recently has not shown up in the consolidated accounts of the group.
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Pépite Bull

skipper Inscrit le : 05 Fév 2005 Messages : 8688

la banque suisse auirait vendu 11.3 T en novembre (aprés les 12.3 T d'octobre)

source midas

News that the Swiss National Bank sold 11.3 tonnes of gold in November follows their only having sold 12.3 tonnes in October, and means the formerly very regular c.1.5 tonnes a business day pace has decisively slowed. One wonders why. The October reduction was hypothesized to have been accommodating the 43 tonne sale by the ECB itself, an idea presumably undermined by the November report.
If the SNB abides by its’ public statements, they only have 112 tonnes left of the 250 tonnes they have said they will sell by September 2009: 5.1 tonnes a month.
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Switzerland's Gold Sales Rose to 11.3 Metric Tons in November
Dec. 19 (Bloomberg) -- Switzerland sold 364,000 ounces (11.3 metric tons) of gold last month, about 4 percent more than in October.
Gold reserves last month fell to 37.1 million ounces from 37.5 million in October, the Swiss National Bank said on its Web site today. Sales were 349,260 ounces in October.
Switzerland has sold 3.9 million ounces, worth $3.13 billion, since Swiss National Bank governing council member Thomas Jordan announced plans in June that Switzerland would dispose of 250 tons of gold before the end of September 2009 and use the proceeds to buy currencies.
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Pépite Bull