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Strange that the IMF comes out today when gold is up big,that they want to go ahead with the sale of 400 tonnes off gold,do you think that they want to keep gold down ????
I believe Jim Sinclair mentioned some months ago that when the IMF announces gold sales that's a signal that the cartel is in trouble.It's an attempt to drive down the POG and it won't be successful.Things are going to get interesting real soon!
They also made the same annnouncement when gold was close to top last spring. They are just bluffing, The US will not let them sell this time around either.