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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (112589)	10/30/2020 12:44:41 PM
From: Cogito Ergo Sum	Respond to of 116753

STOP IT!!! STOP IT!!! STOP IT!!! Right now !!! no more science and logic please !!! This is what you are creating !!!

To: Sun Tzu who wrote (112589)	10/31/2020 5:05:47 PM
From: Rarebird	Respond to of 116753

Central Banks sold a lot of gold from 2000 - 2005 and that was the best time to buy Gold. That is to say, CBs are the worst market timers and they have a minimal impact on the POG. I see Russia, Turkey and some country beginning with a U sold some Gold. Real rates, broad money supply growth and sentiment impacts the POG more than anything else. And I am not saying you don't already know this, but some other people may not. Conclusion: I would not be alarmed by a little CB selling. Actually, it's a good thing.