http://c.moreover.com/click/here.pl?...

I'm not sure this link will work, of not, go to WWW.KITCO.com and read the news story today about IMF selling gold.

It's strange, as they are saying that since their gold investment has gone up so much, they will sell some of it to invest in "financial securities with positive yields".

Their returns on gold are much better than they will get by investing in financial securities....so what's really going on there??

I think that if we watch this story unfold in the next week, people might recognize it as an attempt to shore up the US bond market or other band-aids in the US currency / debt melt-down. It reminds me of the series of latin-american IMF bailouts about 20 years ago.

Do I read this wrong, or is this sale of gold by IMF a sign of desperation to support the sagging us currency and debt problems, which are a insipient spin at this stage....

Skeleg