Ventes or des banques centrales européennes - statistiques pour l'exercice 2007-2008

ventes d'or des banques centrales européennes : bilan pour l'exercice en cours, se terminant en sept 2008



Selon le tres officiel WGC ( wagon des gros collabos ) qu'on ne peut donc soupconner de minimiser ces statistiques de vente d'or :

sur le quota de vente de 500 Tonnes d'or annuelles autorisées, nous en sommes à 297 tonnes soit 59% de l'allocation pour 75% du temps écoulé
ça se bouscule pas au portillon !

www.lemetropolecafe.com

The World Gold Council has issued a useful paper indicating that the Washington Agreement CBs have so far sold 297 tonnes of the 500 tonnes they could sell in the year up to September 30th. So with 75% of the year gone they have sold 59% of their allocation.
Yesterday’s $5.30 gain on

+ détails par par pays ( arrétés à diverses dates)

la france, vient donc au second rang des pays vendeurs d'or.. derriere la suisse, et avant la BCE, elle même avec vente de 85.6 Tonnes d'or .. triste record ... Sarko répond "présent " ..

Central Bank Gold Sales At 297 Tons So Far This Year - WGC
Thu, Jul 10 2008, 14:55 GMT
http://www.djnewswires.com/eu Central Bank Gold Sales At 297 Tons So Far This Year - WGC

LONDON (Dow Jones)--Central banks have just until the end of September to sell 203 metric tons of gold if this year's gold agreement sales quota is to be fulfilled, according to World Gold Council figures Thursday.

European central banks have sold just 297 tons of gold, far short of the 500 ton annual limit agreed by members to the Washington Gold Agreement, according to WGC.

Switzerland has sold the most, at 99 tons as of the end of June, while Sweden has sold seven tons as to July 7.

As of the end of May, the European Central Bank had sold 72 tons of gold, France had sold 85.6 tons and the Netherlands had offloaded 19.5 tons of the metal while a country not yet known has sold 14 tons of gold, according to the figures.

Last agreement year, from Sept. 27, 2006 to Sept. 26, 2007, the Eurosystem banks plus Sweden and Switzerland sold 475 tons of gold. The five-year agreement runs out next year.

1.42 T vendues par 1 des banques du sytéme BCE

source www.lemetropolecafe.com

2.47 T pour la semaine passée ... touijours à minima

source www.lemetropolecafe.com

1.26 tonnes vendues semaine derniére contre 074 tonnes la semaine d'avant

source www.lemetropolecafe.com


bon ... rien à déclarer officiellement, donc, et ces 15 derniers jours, pourtant capitaux pour la chute du spot... sur le front des BC du systéme BCE

ventes d'or des banques centrales européennes, bilan pour l'exercice 2007-2008, se terminant en septembre prochain



statistiques du très officiel WGC

ce serait le bilan de ventes d'or le plus bas, depuis la 1ere signature du Washington agreement en 1999

-319 Tonnes d'or vendues à ce jour pour un quota annuel de 500 Tonnes d'or
(1er pays plus gros vendeur d'or : la suisse avec 113.1 Tonnes d'or)
contre
-497.2 Tonnes d'or vendues sur wag exercice 2004-2005

-395.8 Tonnes d'or vendues sur wag exercice 2005-2006
-475.8 Tonnes d'or vendues sur wag exercice 2006-2007

ce bilan ne me surprend pas, puisque je fais un suivi de statistiques de vente d'or, hebdomadaire, depuis 2005 sur ce site ..

les Banques centrales européennes signataires du washington agreement; sont de plus en plus réticentes à vendre leurs réserves d'or ... eh oui, à un moment ... ça devient incompressible...et puis ça n'empecherait pas les plus folles d'entre elles , de le préter, cet or... et ça, on est pas obligé de le publier et d'en rendre compte aux électeurs .. enfin, tant que le scandale n'éclate pas, évidemment .
..
ceci pour dire que la baisse importante des cours de l'or, que nous venons de subir, est bien alimentée par la fourniture artificielle de métal sur le marché, d'une maniere ou d'une autre ( et que si cet or ne provient pas de ventes des banques centrales signataires, il doit forcément provenir de quelque part ( leasing au vu des lease rates cadeau ) mais pas forcément des banques centrales européennes , bien évidemment , voir à ce sujet le 2eme post de la file concernant la déconnection des prix argent métal / argent papier , qui est une excellente illustration de ce phénoméne, rapporté à l'argent métal


* puisque nous savons, par ailleurs que ce ne sont pas les producteurs d'or, qui le fournissent, ce métal ( puisque non seulement le hedging est une pratique quasi moribonde, mais qu'en plus les producteurs d''or, hedgés, déhedgent de façon plus que consistante ) *

*ce petit mémo sur le déhedging en rappel pour nos lecteurs novices ou débutants


http://africa.reuters.com/metals/news/usnBAN049994.html?rpc=401&

CBGA member gold sales may be lowest since '99 - WGC
Wed 20 Aug 2008, 13:44 GMT

LONDON (Reuters) - Gold sales by signatories of the Central Bank Gold Agreement could be the lowest since the pact was signed in 1999, the World Gold Council said on Wednesday.
One analyst said banks are putting increased importance on gold reserves due at a time of global economic turmoil.
Around 319 tonnes of gold have been sold so far by the European central banks that signed the agreement, out of a quota of 500 tonnes allowed in each year.
"Taking account of publicly available information on central bank intentions, it seems possible that net selling in the current CBGA year, which ends on Sept 26, could be the lowest since the first CBGA was signed," Jill Leyland, economic adviser to the WGC, said.
The Swiss Central Bank is the biggest single gold seller this year to date, having disposed of 113.1 tonnes.
Standard Chartered metals analyst Daniel Smith said the low rate of sales demonstrates the importance of gold for central banks as part of their overall reserves.
"The global economy is going through a pretty traumatic period, and having gold to back up your currency seems like a good idea," he said.
According to the figures provided by the WGC, the 15 signatories to the accord disposed of 497.2 tonnes of the 500 tonnes allowance during 2004-05, 395.8 tonnes the following year and 475.8 tonnes in 2006-07.
-END-

"accessoirement" ( et après ce prébilan wag exercice 2007-2008)

et pour confirmer le peu de goût que certaines Banques centrales signataires du Wag ont à vendre leur or,
la BUBA réitére ses intentions de n'en pas vendre d'avantage, de l'or..
les "pressions à la vente d'or " ne fonctionnent plus .

voir déclarations d'axel weber, l'année derniére .. à ce sujet .. ni vendre, ni même préter une seule once d'or ..
ya certainement plus que l'épisode weimar (encore trop récent pour ne pas être ancré dans la mémoire des responsables monétaires) , pour justifier une telle prise de position .. publique, chez nos alliés européens allemands.. trop c'est trop ?

BERLIN, Aug 22 (Reuters) - Germany's Bundesbank on Friday rejected calls that it should sell some of its gold reserves to help boost the slowing German economy, telling Reuters financial and political uncertainty make the reserves even more important than before.
"Gold sales are not a suitable way to sustainably consolidate the public accounts," the Bundesbank said after a query about trade union proposals that it sell gold to fund some of a 25 billion euro ($37 billion) economic stimulus package.
"National gold reserves have a confidence and stability-building function for the single currency in a monetary union. This function has become even more important given the geopolitical situation and the risks present in financial market developments."
The Bundesbank is the world's second-largest holder of gold after the U.S. Federal Reserve, and has sold just 20 tonnes out of total reserves of over 3,000 tonnes in the past five years.
These sales were to allow the German finance ministry to mint gold coins, unlike the much more active sales programmes of other central banks which wanted to shift their portfolios from gold to a more diverse array of assets.
To reduce volatility in the price of gold , 15 European central banks agreed in 2004 to limit gold sales to 500 tonnes a year over the next five years.
The Bundesbank is expected to make a formal statement about any gold sale plans around September, when the final year of the Central Bank Gold Agreement starts.
"The Bundesbank reaches decisions about the nature and size of reserves autonomously. The board of the Bundesbank decides every year afresh about changes in the level of its gold holdings," the central bank said.

toujours pas de pression vendeuse du coté des banques centrales européennes, pas vraiment une surprise mais plutot une confirmation des tendances antérieures.. : ralentissement des ventes d'or des banques centrales européennes

et pour savoir qui donc est à l'origine des pressions vendeuses sur le cours de l'or, il suffit de lire cette file, concernant les positions de vente à découvert d'or d'une poignée de banques US, prises sur le comex à l'été 2008

1.16 Tonnes d'or vendues cette semaine contre 0.74 tonnes la semaine précédente

source www.lemetropolecafe.com

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

la banque de suéde annonce ce jour son intention de vendre 15T pour l'année WAG 2008-2009.. donc une annonce de vente vachement à l'avance .. sûr que pour vendre au meilleur prix, c'est le top ... bof, on s'en foo bien de leurs 15T en plus .. c'es juste histoire de mettre un peu plus de pression now .. au moment où il y en a besoin ..


source reuters

STOCKHOLM, Aug 26 (Reuters) - Sweden's central bank said on Tuesday it would sell up to 15 tonnes of gold over the 12 months to Sept 26, 2009 and use the proceeds to boost its foreign currency reserves.
The Riksbank said it is reducing the amount gold it holds to obtain a better risk-adjusted return on its assets.
The sale is part of an agreement between 15 European central banks which came in to force in 2004 and enables the Riksbank to sell up to 60 tonnes of gold over five years.
The central bank has sold 45 tonnes of gold in the first four years of the agreement.
The Riksbank said its gold reserve totals 142 tonnes.
-END-

toujours RIEN à vendre du coté des BC signataires du WAG

www.lemetropolecafe.com

The ECB weekly statement of condition reveals that "gold and gold receivables" fell E30Mm last week, said to be the consequence of a sale by one captive CB set of by a "net coin purchase" by another. This is 1.58 tonnes at the current book value. Last week’s fall was 1.63 tonnes. Clearly the ECB group does not want to appear active in the gold market at present.

toujours rien de significatif du coté des ventes banques centrales européennes, signataires du wag..
2.16Tonnes d'or vendues contre 1.58 tonnes, la semaine d'avant ..

on va avoir beaucoup de mal à remplir le quota de vente d'or annuel de 500 tonnes pour la fin de cet exercice, en septembre 2008

www.lemetropolecafe.com



The ECB weekly statement of condition indicated a fall of E41mm in “gold and gold receivables” caused reportedly by sales from two captive CBs – 2.16 tonnes at current book value. Last week’s reported sale was 1.58 tonnes. It appears the ECB group will fall well short of the 500 tonnes WAG2 annual quota: September 30th is the year end.

aucune vente d'or des banques centrales européennes à signaler . et ce wag ci se termine vendredi prochain , 26 -09-2008 ..
on va faire l'un des plus "mauvais" bilans de vente d'or
des banques centrales européennes

2.89 Tonnes d'or contre 1.89 Tonnes d'or la semaine précedente

www.lemetropolecafe.com


Tuesday’s ECB weekly statement reported a decline of E55Mm in "gold and gold receivables" (2.89 tonnes at the latest book value). This was attributed to sales by two captive CBs. Last week’s disposal was 1.53 tonnes. The ECB group appears determined to avoid headlines or decisive action in the world bullion market.

comme prévu Wag2, 3ème exercice qui se terminait ce vendredi 26 sept 2008 aura été l'un des plus "mauvais crus" de vente d'or des banques centrales européennes, depuis la signature du 1er washington agreement en 1999



bilan des ventes d'or des banques centrales européennes , pour l'exercice 2007-2008


-343 Tonnes d'or vendues sur wag 2 / 3eme exercice : 2007-2008

(1er pays plus gros vendeur d'or : la suisse avec la vente de 113.1 Tonnes d'or)
- contre 475.8 Tonnes d'or vendues sur wag2, 2ème exercice : 2006-2007
contre
-395.8 Tonnes d'or vendues sur wag 2005-2006
-497.2 Tonnes d'or vendues sur wag 2004-2005



- pour un quota de vente d'or maximum, alloué( par le washington agreement ) de 500Tonnes d'or / an



à ce sujet on pourra lire également et pour l'avenir le papier de Julian D. W. Phillips

European central banks cut sales of gold

Submitted by
cpowell on 01:46PM ET Sunday, September 28, 2008. Section: Daily
Dispatches
By Javier Blas
Financial Times, London
Sunday, September 28, 2008
http://www.ft.com/cms/s/0/38c8d46c-8d7e-11dd-83d5-0000779fd18c.html
KYOTO, Japan -- European central banks have cut their sales of gold to the
lowest level in almost a decade, reversing the practice of recent years when
hefty sales helped depress prices.
Institutions bound by the Central Bank Gold Agreement -- the banks of the
eurozone plus Sweden and Switzerland -- sold about 343 tonnes of gold in the
year that expired on Friday, the lowest amount since the first CBGA was signed
in 1999.
This compares with 475.8 tonnes in the year to the end of September 2007.
Under the agreement, the banks are allowed to sell up to 500 tonnes of gold each
year.
The European trend is part of a global movement of reduced central bank
selling and increased investor buying that is helping to underpin high prices at
a time of turmoil in financial markets.
GFMS, the precious metals consultancy, estimates global central banks will
sell 269 tonnes of bullion in 2008, the lowest since 1995.
Much of the selling by European banks took place between October and December
last year.
As central banks sell less, investors are rushing into bullion-backed
exchange traded funds to such an extent that some analysts refer to the ETFs as
the "people's central bank" because they are now bigger than most countries'
official reserves.
Bullion ETF holdings reached a record 1,056.7 tonnes --– or more than $30
billion -- on Friday, up 33 per cent in the past 12 months and double the 2006
level.
The developments provide a bullish backdrop to the annual meeting of the
London Bullion Market Association, which begins Monday in Kyoto.
"Less central bank selling sends a strong bullish signal to the market," said
Philip Klapwijk, GFMS chairman.
"The investors' bullion buying will be sustained for the time being if people
continue to be concerned about financial system stability."
Gold prices surged last week to $911 a troy ounce, up more than 20 per cent
from the level before the collapse of Lehman Brothers but below the high set
last March at $1,030.80. Bullion closed at $885 an ounce on Friday.
Kamal Naqvi, head of commodity hedge fund sales at Credit Suisse, said: "We
are witnessing strong buying of bullion as financial risks have increased."
Along with investors, some central banks that have sold gold are reviewing
their position.