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amarksp

04/19/07 10:58 AM

#17998 RE: amarksp #17991

appears my Central Bank Gold Sales numbers are very accurate. this per GFMS:

"In the current CBGA year (these run from September 27th to
September 26th), signatories have sold 177 tonnes as of
April 11. France has been the most active seller in the third
year of the agreement, having sold 62 tonnes of gold as at
the end of February, in line with its announced plans to sell
between 500-600 tonnes over the five-year life span of the
second agreement. Spain is a close second, having sold
54.6 tonnes of gold by the end of March, although unlike
France, it has not made clear how much gold it intends to
sell. The other main sellers have been the European Central
Bank and the Netherlands, which had sold 23 tonnes and 14
tonnes respectively by the end of February. There have also
been some further, though modest, purchases from banks
outside the agreement."

My calcs have gold sale tonnes at 178 tonnes vs. GFMS at 177 tonnes.