So it's still just European banks. I suspect there are a bunch of other banks salivating at the thought of being able to pick up some cheap gold when those banks decide to sell some. China, India, Russia, Japan, all South American countries, all African countries, etc., probably have no need for such a document, since their plans probably are to buy gold, not sell.
And what about Canada, Mexico, the US, etc.
Makes me wonder why such an agreement is necessary in the first place. Are the plans of just 19 banks supposed to warn us, or scare us, or assure us. Of what? Beats me, and it looks like the market doesn't know what to make of it either, so far.