Why Are Russian, Kazakh Central Banks Slashing/Halting Gold Reserves Acquisitions?

[Smaulgld]

[Paul799]

Why Are Russian, Kazakh Central Banks Slashing/Halting Gold Reserves Acquisitions?

Probably in order to allow the Russian National Wealth Fund to buy some
http://www.gata.org/node/19714

[Smaulgld]

Probably in order to allow the Russian National Wealth Fund to buy some
http://www.gata.org/node/19714

Yes that is possible and has been possible all along, just like with China and the PBOC. Too many people view a country's gold as the stated central bank of that country's gold.
India's central bank only states 680 tons but there are 20K tons or more IN india in temples, individuals hands.
In china much of their gold is in soveign wealth funds, PBOC subsidiary banks and state owned banks