Here is more reading on the subject for anyone that cares to hear other opinions:
http://www.kitco.com/ind/AuthenticMo...
"The Central Bank of Italy has said it has no plans to sell gold, but the Finance Ministry of Italy is now debating the matter. We think this is political rhetoric at the moment and do not expect any sales to be forthcoming [see below]." - ENDQUOTE
cheers!
mike