We all new it, now the word is spreading.
posted on
Nov 25, 2008 11:06AM
GOLD sales under the Central Bank Gold Agreement (CBGA) were the lowest on record in the year to September 26, according to the Société Générale Quarterly Hedge Book Analysis, which showed gold companies’ de-hedging slowing to two million ounces.
"Official sector sales are thought to have dropped substantially during Q3 (third quarter of 2008), as falling sales were encountered from the CBGA signatories," the analysis compiled by metal consultancy GFMS said…
http://www.miningmx.com/gold_silver/...