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(Untitled) Oct 5th 2013, 23:31, by noreply@blogger.com (Cliff Küle) Bank of France Holding Its Gold Alexandre Gautier, the director of market operations at the central bank of France: "We have no plan to sell gold." .. The director general of the Italian central bank, Salvatore Rossi: "Gold underpins the independence of central banks in their ability to (act) as the ultimate bearer of domestic financial instability." .. comment: "The central bank of France and Italy are a few of the biggest holders of gold bullion when it comes to their reserves. When they say they don't plan to sell (by the way, Germany has said the same thing), it should be taken as confirmation gold bullion is still very important to central banks." LINK HERE to the article

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