prudentinvestor.blogspot.com - 11/3/2009
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The gold bull market becomes more interesting with every day. Based on disastrous economic fundamentals it now seems to be able to withstand hits of any size. In a surprising move the IMF announced on Tuesday (CET) that it had sold 200 metric tons of gold to India in the last two weeks, valuing ...
Gold! India! Gold!
themessthatgreenspanmade.blogspot.com 11/4/2009 — Yesterday's theory of a "limit up" of $50 a month for gold gained more credibility during Day 2 of November, the price of the yellow metal given a shot in the arm by the announcement from the IMF that they had sold 200 tonnes of gold to the Reserve ...
The significance of the IMF-RBI gold sales
themessthatgreenspanmade.blogspot.com 30 days ago — Much has been written in the last two days about the surprising purchase by the RBI (Reserve Bank of India) of some 200 tonnes of gold bullion, valued at about $6.7 billion, from the IMF (International Monetary Fund). Is this really a significant ...
US Approves IMF Gold Sales; What Does It Mean?
globaleconomicanalysis.blogspot.com 6/24/2009 — Last week the U.S. House of Representatives passed a bill which included an expanded credit facility for the IMF and gave U.S. approval for the proposed IMF sale of 400 tons of gold. Is this an attempt to suppress the price of gold, sheer stupidity, ...
Why IMF Gold Sales Won't Affect the Gold Market
hf-implode.com 4/5/2009 — ``As this table shows, $6 billion dollars in gold sales will have virtually no impact on the gold market. If needed, the IMF could sell all $6 billion in one day and still only be 28% of the average daily volume. However, the G20 calls on the IMF to make these sales over the next 2 to 3 years; ...
New Central Bank Gold Sales Agreement Cuts Back on Sales
prudentinvestor.blogspot.com 8/7/2009 — The ECB today released the extension of its central bank gold sales agreement (CBGSA) for another 5 years while cutting back planned sales from 500 to 400 tons annually. Maybe central banks have rediscovered that gold reserves are undoubtedly the best performing asset class on their balance ...
Gold Soars to New Highs
bespokeinvest.typepad.com 11/4/2009 — The price of gold has broken out to another new high this morning following news that India's Central Bank purchased 200 tons of the metal from the IMF. Previously, the IMF had announced that it would sell around 400 tons, raising speculation that the ...
Gold Prices Poised to Weather IMF Sales
online.wsj.com 4/7/2009 — LONDON -- Gold sales by the International Monetary Fund are unlikely to depress the metal's price because central banks would be likely buyers. The concluding statement from the Group of 20 industrial and developing nations last week said the IMF ...
India and China want IMF to sell its $100b gold
mydigitalfc.com 4/16/2009 — India and China may press for the sale of the entire gold reserves of the International Monetary Fund (IMF) to raise money for the least developed countries. The IMF holds 103.4 million ounces (3,217 tonnes) of gold that, if sold, can fetch about $100 ...
The IMF's Gold Gambit
online.wsj.com 4/27/2009 — JUDY SHELTON The International Monetary Fund (IMF) deserves credit, figuratively speaking, for cleverly manipulating the financial troubles of emerging and low-income nations to procure a fresh infusion of capital for itself. But its tactics at this ...
Mauritius Buys IMF Gold, Follows India as Metal Soars (Update4)
bloomberg.com 18 days ago — Nov. 17 (Bloomberg) -- Mauritius bought 2 metric tons of gold from the International Monetary Fund , underscoring a drive by central banks to boost holdings as the precious metal trades near a record and the dollar slumps. The $71.7 million sale to ...
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