← Back to context Comment by progval 4 hours ago Do they count as export if the owner doesn't change? 3 comments progval Reply codethief 4 hours ago If central banks sell their gold in the US and buy new gold abroad (to save themselves physically transporting the gold across the ocean[0]), I suspect that the demand this creates for gold abroad will ultimately cause US gold exports to rise, too.[0]: See the link in https://news.ycombinator.com/item?id=50134172 actionfromafar 2 hours ago Selling it in place neatly sidesteps suspicion about how secure the NY gold really is and if it's all really still there, too. Crunchified 1 hour ago Do they count as export if the owner doesn't change?I don't know. Does it count as export if it's not moved an inch?
codethief 4 hours ago If central banks sell their gold in the US and buy new gold abroad (to save themselves physically transporting the gold across the ocean[0]), I suspect that the demand this creates for gold abroad will ultimately cause US gold exports to rise, too.[0]: See the link in https://news.ycombinator.com/item?id=50134172 actionfromafar 2 hours ago Selling it in place neatly sidesteps suspicion about how secure the NY gold really is and if it's all really still there, too.
actionfromafar 2 hours ago Selling it in place neatly sidesteps suspicion about how secure the NY gold really is and if it's all really still there, too.
Crunchified 1 hour ago Do they count as export if the owner doesn't change?I don't know. Does it count as export if it's not moved an inch?
If central banks sell their gold in the US and buy new gold abroad (to save themselves physically transporting the gold across the ocean[0]), I suspect that the demand this creates for gold abroad will ultimately cause US gold exports to rise, too.
[0]: See the link in https://news.ycombinator.com/item?id=50134172
Selling it in place neatly sidesteps suspicion about how secure the NY gold really is and if it's all really still there, too.
Do they count as export if the owner doesn't change?
I don't know. Does it count as export if it's not moved an inch?