09 T, cad tjs peanuts ..
comme je le disais ds la file FMI ( et en admettant que cet or ne soit pas fictif ) ça reboostera fictivement ( amah ) les ventes wag qui en avaient bien besoin .. juste pour une année hein .. 400 T FMI vs quota WAG 500 T annuel qu'on a du mal à atteindre
snif ! les temps sont difficiles pour le cartel ..


www.lemetropolecafe.com

The ECB this morning reported a fall in "gold and gold receivables" of E20Mm, "reflecting the sale of gold by one Eurosystem central bank". This is 0.9 tonnes, and compares with 0.945 tonnes reported last week. Far below the 9.6 tonnes weekly pace notionally needed to sell the WAG2 quota evenly, let alone the pace which would be needed to sell the annual 500 tonne amount by the end of September, when the WAG year ends.
After a decade of public official sales in the 400-500 tonne range from the European Banks, it appears that the c.400 tonne IMF sale Congress recently approved is desperately needed if this pace of sales (or documentation of sales) is to be sustained.

hoho, ça se réveille... subitement .. 4.32T ( chiffres à la louche marie), vendues semaine passée :


Tuesday June 30, 02:24 PM
ECB-Gold reserves down by 96 mln euros in wk
FRANKFURT, June 30 (Reuters) - Gold and gold receivables held by euro zone central banks fell by 96 million euros ($136 million) to 240.629 billion euros in the week ending June 26, the European Central Bank said on Tuesday.
Net foreign exchange reserves in the Eurosystem of central banks fell by 0.3 billion euros to 216.6 billion euros, the ECB said in its regular weekly consolidated financial statement.
Gold holdings fell because sales of gold by 1 euro zone central bank and sales of gold coins by 2 central banks, consistent with the 2004 Central Bank Gold Agreement, the ECB said…

0.23 t cette semaine ... dérisoire

www.lemetropolecafe.com

This morning’s weekly statement of condition from the ECB indicated an E5Mm fall in "gold and gold receivables" attributed to a sale by one captive CB. This is a derisory 0.23 tonnes (7,510 ozs) - last week’s quantum was 4.33 tonnes. Perhaps it was an option being exercised. US approval of IMF gold sales was smuggled through Congress last week. The recent behavior of the ECB CB flock suggests the 433 tonnes said to be involved is desperately needed to sustain the 400-500 tonne CB sales pace of the past decade.

0.09 T, la semaine passée .. plus que dérisoire..
le bilan des ventes pour fin de ce wag ci, dans 3 mois, sera pas fameux..


www.lemetropolecafe.com

Last week’s ECB statement of condition disclosed a fall in "gold and gold receivables" of a derisory E2Mm – 0.09 of a tonne. One CB was reported to have sold. Such a small amount implies an involuntary transaction – perhaps an option being called. Last week the sale was 0.23 tonnes.
With less than three months lest of the final WAG2 year, it is plain that the ECB squadron of CBs has effectively withdrawn from the market. The Bears badly need the promised IMF sale – at least for documentation purposes.

à quelques mois de l'expiration de ce wag 5 ( 20 sept 2009 ), le bilan est calamiteux ... le plus mauvais score de ventes depuis le 1er washington agreement act de 1999

136 t seulement ont été vendues par les banques signataires, pour un quota de 500 ..


TD Securities…
Gold & Precious Minerals
Precious Metals Outlook
Central Bank Gold Sales: Slowest Pace Since 1999
With a few months to go under the final year of the current Central Bank Gold Agreement ("CBGA"), central banks that are signatories to the agreement have sold or have announced sales of only 136 tonnes of gold, well below the 500 tonne limit and tracking towards the lowest amount sold since the inaugural agreement was signed in 1999. The current agreement expires on September 26, 2009 and is generally expected to be renewed for a further five year period.
The IMF's planned sale of 400 tonnes of gold, recently approved by the US Congress, is expected to be executed under the limits of a new agreement. Whether or not the agreement is renewed, arguably the CBGA has less impact on the gold market than when it was introduced in 1999. We believe the creditcrisis has renewed interest in holding gold among central banks and certain central banks, notably the Chinese and Russian, have been adding to their holdings over the past few years.

zéro ventes la semaine passée ... ( et comme la sem d'avant ) c'est de "pire" en "pire"... pour le cartel !!



www.lemetropolecafe.com


More good news from the European central banks…
FRANKFURT (Dow Jones)--The Eurosystem's reserves of gold and gold receivables remained unchanged at EUR232.13 billion in the week ended July 24, the European Central Bank said Tuesday…


The ECB weekly statement of condition indicates no gold disposal at all for the second week running. This is unprecedented in the almost 10 year history of the Washington Agreements. The ECB Banks appear to have withdrawn from the market. On the other hand, renewal of the Washington Agreement, which finishes at the end of September, is getting conspicuous by its absence.

comme dit plus haut ds la file, le bilan des ventes de ce wag n'estpas fameux.. le plus mauvais depuis 1999 : 140 tonnes, et pour l'instant rien ne filtre, sur la signature de wag 6

http://af.reuters.com/article/investingNews/idAFJOE56S0C
J20090729?feedType=RSS&feedName=investingNews

heuresement les 400 T du fmi arrivent à pic .. ( si elles existent ) et d'ailleurs pour finaliser cette vente qui s'étaleraient sur 3 ans, il faudra l'accord de 85% des 286 pays membres du fmi.
bref, c'est pas fait et si ça se faisait, les chinois ne demandent que ça.. et ça reboostera les statistiquesdes ventes "officielles " qui en avaient bien besoin .. histoire de sauver la face.. des apparences

www.lemetropolecafe.com


As oft-mentioned in this column, the sheeple central bankers in Europe no longer wish to look foolish in this day and age by following The Gold Cartel’s dictates … which is a major reason the cabal needs another gold supply source…
Reuters - IMF OFFICIAL-IMF SALE OF SOME 400 TONNES OF GOLD COULD TAKE TWO TO THREE YEARS TO BE COMPLETED
By Lesley Wroughton
Reuters
via Forbes.com
Wednesday, July 29, 2009
http://www.forbes.com/feeds/reuters/2009/07/29/2009
-07-29T164243Z_01_N29276568_RTRIDST_0_IMF-GOLD-UPDATE-1.html
WASHINGTON -- The planned sale of 400 tonnes of IMF gold would take place within a new central bank gold sales agreement being negotiated, a senior International Monetary Fund official said Wednesday.
The IMF has provisionally agreed to sell the gold to raise resources for increased lending to poor countries. A final decision by all 186 IMF member countries on the sales is expected by IMF meetings in Istanbul in October and requires the support of 85 percent of the membership.
"We have committed as part of our new income model to have that gold sale, if done on the markets, to be done through the central bank sales mechanism," said Reza Moghadam, director of the IMF's Strategy, Policy and Review Department.
Moghadam told a conference call the sales would take place through the central bank mechanism "all the time" and could take two to three years.
He said he hoped negotiations on the new Central Bank Gold Sales Agreement will also be finalized by October. The current five-year agreement expires in September.
The IMF said on Wednesday it would use some of the proceeds from the sale of IMF gold to increase lending to poor countries by up to $17 billion through 2014.
The IMF holds 103.4 million ounces (3,217 tonnes) of gold, which had a market value of about $12 billion as of March 31.

* * * The IMF could give a crud about helping the poor. If they did, they would stop the gold price manipulation scheme, which would be an incredible boon to the poor in South African and other gold producing countries.
From our standpoint now, so what if the IMF sells 400 tonnes of gold over a three year period. That will only amount to 30 to 405 of what the European banks were selling on a yearly basis. Besides, there is a good chance China will take it all and has already worked out a deal to do so.

wag 6 : le quota autorisé baisse de 500 à 400 t / an


Europe Central Banks Agree to Third Cap on Gold Sales (Update2)
Share | Email | Print | A A A

By Jana Randow and Nicholas Larkin


Aug. 7 (Bloomberg) -- European central banks agreed to a third five-year cap on gold sales and said planned disposals by the International Monetary Fund could be done within the accord.

The European Central Bank and 18 other banks agreed to sell no more than a combined 400 metric tons of the metal a year through September 2014. That’s less than the annual cap of 500 tons in the current agreement, which expires Sept. 26.

“It’s positive for gold,” John Reade, an analyst at UBS AG in London, said by e-mail. Having the agreement “removes the small chance that European central banks would have dumped gold onto the market in an unconstrained manner.”

Central banks sold 73 percent less gold in the first half and full-year disposals may drop to the lowest since 1994, according to estimates from London-based researcher GFMS Ltd. The IMF wants to sell 403 tons from its reserves of 3,217 tons, the third-largest holding after the U.S. and Germany.

“The IMF has not signed and this leaves open the possibility that the Chinese, Russians, another central bank, could buy the 403 tons of IMF gold in one go,” Reade said.

The Swiss National Bank, one of the signatories to the new accord, in a statement today said it isn’t planning any gold sales in the near future, and that its gold is an important part of monetary reserves.

Gold for immediate delivery in London was little changed at $961.95 an ounce by 9:34 a.m. local time, after earlier falling as much as 0.3 percent. The metal reached $971.68 an ounce yesterday, the highest since June 5.

To contact the reporter on this story: Jana Randow in Frankfurt at jrandow@bloomberg.net; Nicholas Larkin in London at nlarkin1@bloomberg.net

Last Updated: August 7, 2009 04:44 EDT

wag 6 est signé... et le quota des ventes gold baisse de 500 à 400 tonnes / an .. pas étonnant pou ceux qui suivent les statistiques des ventes en totale perte de vitesse


144 tonnes vendues à un mois de l'échéance soit 30 % du quota autorisé des 500 t.. belle performance

la suisse et l'Autriche ont d'hors et déja déclaré qu'elles ne vendraient rien en wag 6

********************

0.37 tonnes vendues la semaine passée... toujours aussi poussif

www.lemetropolecafe.com

The ECB weekly statement of condition indicates on captive CB sold and another bought, for a net disposal of E8Mm of gold (0.37 tonnes). Last week saw no transactions. As the WGC notes this morning, the ECB group appears certain to far undershoot the WAG2 limit this year, which has a month to go. Their sales so far, some 144 tonnes, are less than 30% of the quota.
At one time when a captive CB bought, the ECB press release would specify it was for coinage purposes. The last two or three times this phrase has been omitted. While the ECB has not been perfectly consistent in the way it reports gold transactions, this does allow the possibility that a member bank is buying gold for portfolio reasons.

ACHAT de0.9 T, la semaine passée..
les temps changent ...

www.lemetropolecafe.com

The ECB’s weekly statement of condition indicated "gold and gold receivables" rose E2Mm last week (0.9 tonnes) because of the "purchase of gold coin" by one captive CB. Last week’s number was a 0.37 tonne sale. A strange statement and possibly an unprecedented event in the WAG history: but in any case the ECB echelon of CBs continues to seem to be out of the market.

comme nous l'avons vu récemment, les banques centrales passent nettes acheteuses et c'est un tournant décifif au plan fondamental.. bull, bien entendu

http://www.mineweb.net/mineweb/view/mineweb/en/page33?oid=88296&sn=Detail

le récap graphique d'hamilton depuis la signature du 1er washington agreement en 1999

http://www.zealllc.com/2009/cbga.htm


merci de faire abstraction de sa diatribe totalement gratuite sur les soit disants conspirationnistes qui osent critiquer la politique monétaire ,oh combien concertée des BC..
il devient fatigant le pépére Hamilton avec ça .. depuis un moment ... complètement à contrecourrant .. bon pas grave, ce sera l'un des derniers à pas vouloir reconnaitre la vérité en face .. ( il est vrai que vendre des conseils analyse technique, dans ces conditions .. c'est pas une sinécure ... ceci explique peut être cela )

mais prétendre qu'il n'y pas manip parceque les prix de l'or montent quand même.. c'est se moquer du monde ..

et place aux graphes qui en disent long.. sur la décrépitude de cet accord.. eh oui de moins en moins de ventes .. comme annoncé ds cette file, wag5 ..

-1 tableau des réserves des banques centrales signataires du WAG

les 3 niveaux de couleur correspondent à des ventes de 5% des réserves de la BC ( en jaune ), 10% des réserves ( en orange ) et 15% des réserves ( en rouge )

la dernière colonne indique le montant total des réserves vendues depuis 1999.



l'annee 2005 correspond au record historique des quantités vendues par les BC ( 5% des réserves totales ) et également à la 1ere commerciale failure connue depuis 2000 ..
marrant ça ..

bien entendu, soyons clairs ... ici, on ne parle que de ventes et pas de préts ou autres swaps ..

-2 bilan des ventes

sur le graphe qui suit vous trouverez:

en rouge : le quota des ventes maxi autorisé par chacun des WAG
en bleu : les ventes effectivement réalisées, en % de ce quota
en jaune : le cours du spot gold en $
et en vert les achats nets de l'etf GLD.. attention, ça n'a rien à voir avec les activités des banques centrales en question, ni avec le WAG..




rappel: le prochain wag démarrant mi septembre, a un quota en baisse ( 400 T).. et certaines bc ( voir plus haut dans la file ) ont déjà déclaré leur intention de ne RIEN vendre ..
en dehors de l'hypothétique vente des 400T du fmi... ça va être dur, dur ... de remplir le quota

moman j'ai peur ...1.49 T vendues semaine passer pour bloquer les 960$

www.lemetropolecafe.com


The ECB weekly statement of condition reports that "gold and gold receivables" fell by E31Mm (1.49 tonnes) from the previous week, attributed to sales by two captive CBs. This is a lot more than the 0.09 tonnes last week (not 0.9 tonnes – a typo, sorry) and it is some time since two CBs sold, so it is tempting to see this as significant. But it is after all still negligible compared to the average of 7.7 tonnes needed to evenly achieve the new lower 400 tonne annual ceiling – and there is nothing to stop much larger sales in any given week. Perhaps the breakout above $960 touched off more options.

2.62 t et 1.49 t vendues ces 2 dernières semaines.. en augmentation .. TRES modeste

www.lemetropolecafe.com

This week’s ECB statement of condition reported an E56Mm (2.62 tonne) decline in "gold and gold receivables" said to be caused by the sale of gold by one captive CB, net of the "net purchase of gold coin" by another. Last week two CBs sold a total of 1.49 tonnes. This is the largest sale in some time – but still of course, modest.

wag 5 se termine ds quelques jours .... le 26-09

2.48 t gold vendues la semaine dernière, contre 2.62, la semaine d'avant

www.lemetropolecafe.com

The weekly ECB statement of condition indicates that "gold and gold receivables" fell by E53 Mm (2.48 tonnes), attributed to gold sales by one captive CB. Last week net sales of 2.62 tonnes were reported. Apparently one ECB CB has a modest sales program underway.

De Casey Research de ce soir :

<blockquote>Sales reported to date under the final year of the current Central Bank Gold
Agreement (CBGA 2), which ends on September 26, appear to total less than
160 tonnes. France has been the heaviest seller disposing of 83 tonnes by the
end of July and the European Central Bank has been the next heaviest seller,
disposing of 35.5 tonnes. With sales of 13.5 tonnes by 7thSeptember, Sweden is
1.5 tonnes shy of its 60 tonne target.


Taking account of available published information, the WGC expects sales for
the current CBGA agreement to total between 1880 and 1900 tonnes, over 600
tonnes shy of the 2500 ceiling for the duration of the Agreement.
The third term of the Agreement (CBGA 3) will commence on September 27, 2009,
for a period of five years.


"France has been the heaviest seller disposing of 83 tonnes by the end of July"
Ben voyons ?
Il a encore poussé plus fort sur le champignon, le nain ?

</blockquote>