Mostly: Classical

[amarksp]

Your comment:
"National banks may sell individually provided that they still can meet the 15% reserves.
ECB may opt to sell = sell on behalf of the national banks and reduce the physical commitments of those banks in accordance as long as those commitments remain at 15% in value of gold."

Ok, now I am wondering whether those ECB weekly press releases would include a central bank sale sold by the bank itself and NOT by the ECB on behalf of the bank...??

Thanks much for clarifying the 15% issue.