Hummm... Not Related to Monetary Policy... Riiiiight...

Significant gold resource - Excellent infrastructure

Camino Rojo Mexico : In-situ - 4.0 million ounces gold; 68.32 million ounces of silver.

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EodWay

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Hummm... Not Related to Monetary Policy... Riiiiight...

in response to

I wonder who they are talking about???

EodWay

posted on Aug 22, 2008 04:22PM

Items not related to monetary policy operations

In the week ending 15 August 2008, the decrease of EUR 24 million in gold and gold receivables (asset item 1) reflected the sale of gold by one Eurosystem central bank (consistent with the Central Bank Gold Agreement that came into effect on 27 September 2004) and a net sale of gold coin by another Eurosystem central bank.

http://www.ecb.int/press/pr/wfs/2008...

http://www.24hgold.com/contributor.a...

I guess they will never REALLY stop selling Gold to Prop up the paper.

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