IMF Sells 200 Tons of Gold to India for $6.7 Billion

The Prudent Investor | Mon, 11/02/2009 - 8:42pm | Add a comment

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The gold bull market becomes more interesting with every day. Based on disastrous economic fundamentals it now seems to be able to withstand hits of any size. In a surprising move the IMF announced on Tuesday (CET) that it had sold 200 metric tons of gold to India in the last two weeks, valuing th
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I am an INDEPENDENT Certified Financial Analyst (OeVFA, EFFAS) who worked as a financial journalist for 15+ years and now evaluate global market trends. Analyzing financial and political news permanently I want to share my insight with those who understand that we approach an era of global redistribution of wealth. The US-European centric approach will not work much longer. Five billion people in the developing countries will demand their fair share of the world's resources.

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IMF Sells 200 Tons of Gold to India for $6.7 Billion

The Prudent Investor | Mon, 11/02/2009 - 8:42pm | Add a comment

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