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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: G7 Approves IMF gold sales

The IMF and cartel boys have trotted this threat of IMF gold sales out so many times the clothes are thread bare. First off the gold doesn't belong to them and secondly they probably already swapped it or leased it and thirdly if they actually have some gold left there are tons of buyers and it will never hit the market but be done in a private transaction thus further eroding the cartels ability to control gold from going higher.

It's a win win for gold in my view. I also doubt any action is remotely possible for a vote by April so once again they will be proven to mislead markets in an attempot to further their agenda of protecting a relic organization whose only accompliskment over the years has been to enslave third world countries and run up their debt to the benefit of the member states of the IMF.

Last time they trotted this out the market didn't pay any attention because it has heard it so many times before.

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