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<p>[QUOTE=&quot;cerdsalicious, post: 816143, member: 22135&quot;]200 tonnes to india</p><p>&nbsp;</p><p>However the US gov&#039;t did swap 100 billion of paper currency for gold at $850 an ounce</p><p>So fiigure out the tonnes to that as well.</p><p>Its good news for the US though more hard assets in reserves. </p><p>However it did affect the market price, especially in the publics opinion since the IMF thought targeted price of gold was $850 per ounce. leading to fears that gold&#039;s spot was overpriced.[/QUOTE]</p><p><br /></p>

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