IMF Gold Sale - Dollar Manipulation!

[EMPIRE0FLIES]

Rumor is that IMF Gold is 99%paper and 1% real gold. Gold ETF's like the dollar arent worth the paper its printed on. Demand delivery.

[gr8wg]

Oct.29th

value of dollar has increased this week.

[gr8wg]

are u suggesting IMF and Fed have positions together or opposed ?

really doubt either have absolute control of 'global' market... do you ?

[sickvenom1980]

with china holding alot of gold already, with china telling their citizens to buy gold and silver. my believe is china will not let the gold and silver price go down any further. china will buy 70% from the IMF to keep prices near or above 1,000. i just dont know if china buys gold with U.S curency or with their own. my quess would be U.S dollars why hold on to it if its losing value.

[kja5]

With so much precious metals moving into China, I am becoming more and more bullish on the Yuan.

The federal reserve is simply a house of cards, much like the fiat currency system that it perpetuates.

[Matlock1974]

My loose understanding is that the IMF is more or less a US and European cartel and that the Asian countries are locked out to a greater or lesser extent.

It would interesting to know what knowledge China + Japan had of the sale.

Also, it will be interesting to see if they actually sell the gold rather than just announce that the're going to. Once it's sold it could be expensive to buy back.

Throughout this whole crises there are so many flies on so many wall i'd like to be!

[optiontrader11]

Its a juggling game, they don't the dollar, gold or the market to go too high or to low.