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  • Why IMF Gold Sales Won't Affect the Gold Market [View article]
    This is a confused article.

    The IMF has only sought agreement to sell the 12.97 million ounces it acquired after the 2nd Amendment of the IMF's Articles of Agreement.
    No discussions have been reported on proposed sales other than this amount.

    At today's price a sum of about $11.5 billion plus.
    www.lbma.org.uk/statis...
    www.imf.org/External/N...
    Apr 03 18:57 pm |Rating: 0 -1 |Link to Comment
  • Peter Schiff: Outlook for the Gold Market [View article]
    "Commodities of Mass Destruction" that's a new one on me.
    Love the irony in your comment, shame you haven't been keeping up on current affairs following the stunning victory in Iraq !


    On Dec 22 08:36 PM leemajors1964 wrote:

    > I don't beleive the dollar will be allowed to collapse. The Japanese,
    > Chinese and OPEC are expected to tow the line. I am sure the aggreement
    > with them is well understood. Contrary to what the austrians think
    > the dollar is backed by hard assets-- lead, uranium and plutonium.
    Dec 23 10:23 am |Rating: +3 -1 |Link to Comment
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