Over at his Telegraph blog, Thomas Pascoe ponders the selling of British government gold reserves (H/T: Lew Rockwell).
The central bank of Norway, Norges Bank, sold off its remaining reserves in the first quarter of 2004, save some gold for exhibition purposes and of “historical value,” as the bank says in its FAQ on gold.
At headquarters of Norges Bank in Oslo there is a gold weight at the entrance – for weighing people going in and out. It is reportedly no longer in use.
Saturday, July 21, 2012
The Selling of Central Bank Gold
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment