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$850 Gold in 2010 ...please say it's true
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<p>[QUOTE="Cloudsweeper99, post: 652201, member: 3011"]The IMF doesn't actually own the gold they hold. They need the permission of the US and several other nations to sell it, so it isn't a done deal. However, it is no sure thing that the price will drop because that much volume will most likely be sold through a private placement with a central bank that intends to hold it. They aren't selling it one ounce at a time on Ebay.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 652201, member: 3011"]The IMF doesn't actually own the gold they hold. They need the permission of the US and several other nations to sell it, so it isn't a done deal. However, it is no sure thing that the price will drop because that much volume will most likely be sold through a private placement with a central bank that intends to hold it. They aren't selling it one ounce at a time on Ebay.[/QUOTE]
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$850 Gold in 2010 ...please say it's true
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