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This is an interesting statement
posted on
Apr 02, 2009 11:46AM
G20 supports IMF's plan to sell 403 tons of gold
Endorsement signals plan likely to be approved by member countries this year
"Hussein Allidina, an analyst at Morgan Stanley, said in a note Thursday that he expects the IMF to implement the sales over the next few years, "but do not believe that this presents a strong negative risk to gold prices - as it will be 'orderly' and maybe even off market." "
