Quote Originally Posted by Baa_Baa View Post
So, if the gold is gone, where and whom has it gone to, and why? Gold cannot be destroyed, so whatever there was there still is, somewhere. It doesn't neccessarily stand to reason that whomever owned the gold doesn't still own it just because the gold was moved somewhere, even to a different country. Nor does it stand to reason that the gold was ever there, or that it even existed in the first place, anywhere.

BAA
There are reports that the Chinese are snapping up via over-the-counter (i.e., off market) transactions the gold that some central banks are selling. You may recall that the FMI said that there would be selling gold to raise capital to assist some economies... guess what, that gold has been purchased by the Chinese off-market.