IMF Gold Sales, Fed Rate Hike, China, Soros and Inflation
February 19, 2010 at 01:28 AM EST
Investors completely shrugged off news of the IMF gold sales as the price advanced $20 following the announcement. There are questions as to whether the IMF actually has physical gold to sell and there is historic correlation of gold going up after such announcements, not down as many would anticipate. GATA wrote about [...]