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Message: On The Other Hand, Wouldn't Now Be A Great Time For The IMF To Sell Gold.
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Icon president Gold In a Bubble? A Fear Preventing Some (Dumb?) From Buying.

BAIRES2
Mar 10, 2009 01:10AM
Re: Gold In a Bubble? A Fear Preventing Some (Dumb?) From Buying.

silverharp
Mar 10, 2009 02:32AM

On The Other Hand, Wouldn't Now Be A Great Time For The IMF To Sell Gold.

With so many weighting the buy side of the balance to buy gold now, wouldn't this be a great time for the IMF to be selling gold in the expected next leg up into the $1000 plus range?

Jim Rogers said yesterday on Bloomberg that if they did sell their gold, that'd be great since they're the last to have most of the gold that may want to be sold now. Saying that following a big IMF sale, there'd be little left that would be up for sale...then the gold price would rise dramatically (I've paraphrased him).

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Re: On The Other Hand, Wouldn't Now Be A Great Time For The IMF To Sell Gold.

englishchris
Mar 10, 2009 03:22AM
Icon president Re: On The Other Hand, Wouldn't Now Be A Great Time For The IMF To Sell Gold.

BAIRES2
Mar 10, 2009 05:10AM
Icon president Re: On The Other Hand, Wouldn't Now Be A Great Time For The IMF To Sell Gold.

CrimsonDynamo
Mar 10, 2009 05:47AM
Re: On The Other Hand, Wouldn't Now Be A Great Time For The IMF To Sell Gold.

englishchris
Mar 10, 2009 06:16AM
Re: On The Other Hand, Wouldn't Now Be A Great Time For The IMF To Sell Gold.

Lucky Dog
Mar 10, 2009 06:27AM
Re: On The Other Hand, Wouldn't Now Be A Great Time For The IMF To Sell Gold.

englishchris
Mar 10, 2009 06:39AM
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