Wednesday, December 22, 2010

IMF Done Selling Gold - Look Out Above?

Here's the press release LINK.  The IMF has been unloading an average of 20 tonnes of gold per month into the market since September 2009.  And a lot more than that over the past few months.  If the powers-that-be do not come up with another source of gold to replace the IMF sales, gold will potentially move a lot higher in the near future.

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