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SPDR Gold Shares Message Board

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  • cantgthrtondirt cantgthrtondirt Apr 21, 2009 8:31 PM Flag

    GLD is more often losing than winning...

    The IMF is preparing to DUMP GOLD. Watch. Don't take my word!They need to sell to give loans they promised. The amassed gold 20 yrs ago, the emerging countries, in Latin America, swapped their gold for cash loans. They regret that to this day, but now the IMF can sell gold when Geithner asks them to, to support the dollar. True story.

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    • I do not have the link handy, but someone on another gold board posted a link suggesting that China would gobble it up for a later move to move the yuan closer to being the world's reserve currency...Russia and China are teaming up against the US$ of luck...

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