Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Claude Cormier who wrote (7507)	8/29/1999 9:26:00 PM
From: Zardoz	Read Replies (1) of 82128

The 1Q99 is now history and has been update to 810 tons by the World Gold Council. But I think the WGC does not cover the entire world. The quarterly demand numbers are above 1000 tons I believe. a) If I, an institute, sell 25 Tonnes of gold and buy 25 Tonnes of Gold coins, effectively doing a gold market wash, how does that skew the quarter result from the WGC? How does that skew demand & supply. b) So if the demand for Gold eagles is high, it may be high because of gold washes, exchange of the fundamental units to a more marketable {treadable} format. Why would I do this trade in the first place? Hutch

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