Sunday, September 27, 2009

Not so fast..... on a rapid gold price rise?

The dog has been busy tracking this for quite some time. Now we want to bring it to you the reader. The IMF has approved the sale of up to 403.3 metric tons of gold into the market. The dog theroizes IMHO that even though the dollar may devalue further...... gold prices will remain flat, possibly decrease slightly, or not have a rapid rise in price due to this action (sort of a gold stabilization move in the middle of all this global currency printing). Here is the article from the IMF for your review:

http://www.imf.org/external/np/sec/pr/2009/pr09310.htm

Tell us what you think..............................

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