The gold never even touched the open market. This much gold is too important for it to be divided among private hands.
IMF Sells 200 Tons of Gold to Central Bank of India
Bloomberg News
Tuesday, November 3, 2009WASHINGTON — The International Monetary Fund said it is selling 200 metric tons of gold to the Reserve Bank of India for about $6.7 billion, its first sale of the precious metal in nine years. The sale accounts for almost half the 403.3 tons that the Washington-based lender in September agreed to sell as part of a plan to shore up its finances and lend at reduced rates to low- income countries. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aAkoEr3mFLv0
____________________ Pecca fortiter, sed fortius fide et gaude in Christo!
Galactic Signature: Blue Self-Existing Monkey
