ZLATO - Centrálne banky nakupovali zlato

Po prvý krát za 7 rokov CB v roku 2006 nesplnili kvótu odpredaja zlata. Na druhej strane CB Ruska, Kazachstanu, Filipín a Grécka v posledných mesiacoch zlato nakupovali,

tzn. namiesto papierových vytvárali rezervy zo skutočných peňazí.

According to recently updated IMF reserves statistics, some central banks have begun purchasing significant quantities of gold over the past few months, in stark contrast to the most recent figures available to the market, says Donald W. Doyle, Chairman and CEO of Blanchard and Co. Inc.

The central banks of Russia, Kazakhstan, Greece, and the Philippines all have added to gold held in reserve, according to figures updated February 5, 2007.

"The general trend of central bank activity regarding gold reserves has changed a great deal in the past year," Doyle says. "For the first time in the seven years of the program, banks affiliated with the Central Bank Gold Agreement failed to reach sales quotas in 2006, and now, with updated IMF reserve data just published, it is apparent that gold sales have slowed. In addition, the much-anticipated and speculated-upon gold buying is finally emerging in the market."

According to IMF statistics, Russia has added 7.45 tonnes to reserves, Kazakhstan has added 7.38 tonnes, Greece has added 3.56 tonnes, and the Philippines added 1.4 tonnes. While Russia stated publicly in 2006 that it would increase its gold reserves substantially over the coming years, the moves by other central banks were unexpected in the market, clearly a bullish signal, Doyle remarked.

Source: GldSeek


"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value."   Alan Greenspan