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AGORACOM Wire - Wednesday February 15th, 2012

Breaking News ....

Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

Top Sector Stories ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT* Read More | Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

DONNER METALS INTERVIEW: David Patterson Discusses the Bracemac-McLeod Mine Development Beyond the Press Release

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Message: US to approve sale of Gold in IMF

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zeussmith

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Re: US to approve sale of Gold in IMF

in response to Re: US to approve sale of Gold in IMF by woodchuk

posted on Jun 03, 09 06:00AM

Is it really worth caring about? Any developments here are already priced in.

The IMF has "Talked" about selling the gold for years and years to impact the price of gold.

people have to remember that any sale needs congress to approve and congress needs to be on board with 80% voting approval.

it is all politics and any green light meand that China steps up and buys the whole lot cause it will be an off market transaction that does not impact price, and thus their dollar holdings.

Win win for China

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