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IMF to sell 403 TONS of gold

Submitted by JoeDanger on Sat, 09/19/2009 - 12:48
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Trying to keep price down or "pushing on a string"? --- http://rawstory.com/08/news/2009/09/19/international-monetar...

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Oh no! $13 billion dollars!

Submitted by john2k on Sat, 09/19/2009 - 15:08.

Oh no! $13 billion dollars! Enough to make us all tremble in our boots! Most people don't even look up at the TV unless it's nearing upon a cool trillion these days.

—

...

I thought they were going to make that decision in october.

Submitted by m72mc on Sat, 09/19/2009 - 15:02.

If they push prices down...perhaps a good deal to but then..
Lets see...

/Mike

Front Fell Off
http://www.youtube.com/watch?v=WcU4t6zRAKg

—

/Mike

Front Fell Off
http://www.youtube.com/watch?v=WcU4t6zRAKg

Well now...if you could sell 403 tons of gold for $1005 p/oz ...

Submitted by peaceplace on Sat, 09/19/2009 - 14:45.

push the price down to $850 or even less...then buy the 403 tons back...you would net a pretty nice profit and still have the gold ( if in fact gold does exist ). Where does the profit go ???

Discover Costa Rica

—

Discover Costa Rica

Into

Submitted by SSgT_AF on Sat, 09/19/2009 - 14:49.

Propping up the dollar. Anything and everything goes into propping up the dollar.

Or filling up offshore bank accounts...ha...ha...ha.

Submitted by peaceplace on Sat, 09/19/2009 - 14:54.

Discover Costa Rica

—

Discover Costa Rica

He He

Submitted by SSgT_AF on Sat, 09/19/2009 - 14:59.

They need to send some of that funny money my way.

this is nothing but BS.....

Submitted by bad_karma on Sat, 09/19/2009 - 14:40.

this is nothing but BS..... They have used this tactic atleast 4 times I can remeber in the last 5 years.. if they do sell China will be there to exchange worthless US dollars to buy all they want to sell.... this is really a joke..

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3

—

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

I thought about this

Submitted by SSgT_AF on Sat, 09/19/2009 - 14:49.

Could the IMF be making a move on China? Its like a plague that spreads from one end of the world to the next.

It started in Europe. Destroyed Russia. Destroying the European nations and made the EU. Now its destroying us. It destroyed Japan. Are they now looking to destroy China?

Sickening that these people are still in power and now one has thought to drop a bomb on their whole operation. A Leviathan that cannot be contained.

Let's hope. :-)

Submitted by jgar on Sat, 09/19/2009 - 13:46.

Cheap Gold would be nice.

—

Ron Paul 2012
www.josiahgarber.com/blog
www.heirloomgardenpro.com
www.mennonitesforronpaul.com

CIRCULATION is what keeps

Submitted by POW on Sat, 09/19/2009 - 13:48.

CIRCULATION is what keeps the FED afloat ..Hense the gov't is doing the spending to make up for non personal spending ..The FED makes a profit either way ..BUT, now the dollar value is a major concern to the FED as it declines...If they do not correct they will self destruct ..
Is it planned or just coinsidence ?
Our American Congress seems bent on self destruction mode.
The balancing act that the FED & the Dept. of Treasury have been doing for years is on a Very Very Very fine line..Maybe the time is not perfect yet, ???
Good people do Good deeds
Good people make it happen

HMMMMM

Submitted by SSgT_AF on Sat, 09/19/2009 - 13:29.

The dollar goes down to around 70 territory and the price of gold shoots up.
Then the IMF sells the gold to shoot the price of the dollar up then slowly buys back the cheap gold.

Could this be the way they keep the illusion going?

Couldn't the IMF be selling the gold to themselves in a bid for perpetual cycling that will inevitable lead to a total melt down of the system.

It's not sustainable! Eventually gold will continue to test new highs on the uptick due to inflationary pressures. So while they continue to live on life support the cancer will continue to spread. This is the end game folks. Monetarily speaking. Buy palladium,silver,gold,platinum. Get you wealth out of FRN's. Cause 1k 10 years ago will not buy you the same amount today. 10 years!

This is what I keep harping

Submitted by POW on Sat, 09/19/2009 - 13:34.

This is what I keep harping about , CIRCULATION ..Circulation is the feature that provides profit..Without circulation there is NO profit..This is why America is in trouble ..NO CIRCULATION avenues ..Businesses that provide the circulation proccess are no longer here..
WAS this planned all along ?
Good people do Good deeds
Good people make it happen

Isn't this like the 3rd time in 2 years?

Submitted by captcorona on Sat, 09/19/2009 - 13:06.

Dirty little secret, the IMF doesn't actually possess 400 tons of Gold. The Gold that the IMF claims to have actually sits in the Central Banks that pledged it. Second, they have to get permission from the Federal Reserve to sell amounts of Gold above 400 Tons. It's just another head fake to keep the price of Gold down. China would gladly snatch up this Gold if the sale was legit, which it isn't.

Didn't the price of gold go down the last time they ....

Submitted by SteveMT on Sat, 09/19/2009 - 13:16.

tried this scare tactic? You said it, head fake!!
And if they do, the buyers will be lining up to snatch the gold as the price drops, and even if the price does not.

Of course you realize that

Submitted by POW on Sat, 09/19/2009 - 13:16.

Of course you realize that the selling of Gold by the FED RESERVE would help their cause..The Fed could buy back worthless notes that are no longer needed because of lost circulation..This would be good for the FED but would place Gold into the hands of who knows who ..I say who knows who because who knows the actual purshasers in this global awareness population. WHO invests & finances CHINA ? Probably all the Corporations that have defected to OFFSHORE AMERICA.
Good people do Good deeds
Good people make it happen

the fed has no gold to

Submitted by bad_karma on Sat, 09/19/2009 - 14:38.

the fed has no gold to sell.

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3

—

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

Maybe they know something we

Submitted by POW on Sat, 09/19/2009 - 13:06.

Maybe they know something we don't & want to cash in on the high value in dollars ...Doesn't sound good for some reason ..They probably want to take more of our US dollars out of circulation to further stagnate our economy..
I wanted to ask DR PAUL a question at the convention but time ran out ..
Circulation in my opinion is a problem with every type of currency ..Businesses are the major avenue of circulation, from & to private persons.. Wages ..We have witnessed the Giant sucking sound Ross Peirro warned of ..Was this part of the plan ,to enable the stagnation of American economy..This stagnation is bring about the demse of the dollar & the return of the Gold standard would not help this situation ..WE are in trouble, NOW & you all know the plan..Auditing will reveal the truth ,but do we have time to play that card before collapse & ruin...America stands in the way of Coalition, which means in the way to NWO.

Good people make good things happen.

"The International Monetary

Submitted by TheTruthWillSet... on Sat, 09/19/2009 - 13:00.

"The International Monetary Fund said its executive board endorsed the sale of 403 tons of gold, worth an estimated 13 billion dollars, to boost its lending capacity to poor countries." That is about the funniest thing I have ever read from the IMF.

Question: What do poor countries give as collateral for these loans?
Answer: The Taxes of the PEOPLE or the RESOURCES OF THE COUNTRY.

Also the IMF gets it money from the World Bank which is a collation Central BAnks (which includes the FED). These Banks print the money they don't actully need to sell gold. The only reason they would sell this amount of gold is to put downward pressure on the price of gold.

They really think we are all blithering idiots...

"Countless people will hate The New World Order and will die protesting against it"- H.G Wells - The New World Order (1939)

—

"Human beings with love and compassion are some of the most beautiful creatures in the universe... Those without are a plague on us all."

JUST as in America ,these

Submitted by POW on Sat, 09/19/2009 - 13:31.

JUST as in America ,these other Countrys would give their future labor...
Good people do Good deeds
Good people make it happen

Great News: They want to sell gold for fiat currencies?

Submitted by SteveMT on Sat, 09/19/2009 - 12:54.

We'll see what happens to the gold price.
Others may buy this up promptly as the stock tanks.