I think you are probably correct in the near term as the IMF is liquidating its gold to bail out Eastern Europe with dollar loans. But this is all so much BS as we are clearly headed into a depression and inflation as the powers that be try to prop up a broken financial system. The smart money is just setting it up so they can get gold cheap while they liquidate equities during this bogus equity run up. But they do need to get rid of "naked shorting" as it is wreaking havoc in the market and causing a lot of stock price manipulation. It is like the world is the Titanic and smart money is moving towards the lifeboats while the rest of the passengers are being invited back into the ballroom.
answering yoursef. THE IMF can't sell gold without congressional approval. YES, the U.S. congress must approve it you morons. Gold barely went down today, I know that is hard for mental midgets to understand.