swiss selling gold - a theory

  1. 4,699 Posts.
    Why would the Swiss reiterate their Gold selling activities when Gold is trading at $390? (I say reiterate because they have previously stated their Gold selling activities and have done so regulary since the late 1990's, it is common knowledge , but I understand how it could be alarming for newcomers to this particular market, why it could even have the potential to send the Price Of Gold "POG" lower)

    Do they want to sell their Gold at lower levels? (not very smart when you think about it, or ARE they)

    The only possible answer (assuming they are not stupid and want to sell their Gold at lower prices)

    The only possible reason the Swiss would reiterate their Gold selling activities and force the price down is because they have already locked in a price... Forward sold their Gold... What effect are they trying to have on todays market? and even more sinister WHY?

    Probably open a can of worms if this theory is true and was investigated.

    Regards
 
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