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IPFS News Link • Precious Metals

IMF Gold Sales v the Alchemy of Gold Futures

02-19-2010 • Underground Investor

The recently announced IMF sales of 191.3 tonnes of gold reserves, though it caused an immediate sharp knee-jerk reaction in gold futures markets, will have a negligible effect on the long-term price of gold. Here's why.

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Reported By Jean Carbonneau

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IMF Gold Sales v the Alchemy of Gold Futures

FreedomsPhoenix.com