"Most of the IMF's gold holdings come from the fund's member countries, which are required to commit 25% of their quota in gold. The fund can't sell those holdings into the markets.
But an additional 403.3 tons of gold the fund acquired through off-market transactions in 1999 and 2000 - such as interest payment from countries that received IMF loans - are not subject to the restriction."
http://www.marketwatch.com/News/Stor...
The 403 tonnes will probably be picked up by other central banks and will be just a blip on the long term gold charts.
http://www.24hgold.com/english/news-...
I will use any volitility to add to my positions.
