Do they count as export if the owner doesn't change?

codethief 4 hours ago | parent | next [-]

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 an hour ago \| parent [-]
		Selling it in place neatly sidesteps suspicion about how secure the NY gold really is and if it's all really still there, too.

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Crunchified an hour ago | parent | prev [-]

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?