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Message: Re: G7 Approves IMF gold sales

Feb 09, 2008 12:03PM

"This is arguably a good time to consider selling some of these gold holdings and investing the proceeds in financial securities with positive yields."

vhf was right when he suspected this weekend's G7 meeting might produce an anti-gold directive. The quote above leads me to believe the financials are in much worse shape than most people would like to accept.

This is an act of desperation IMO.

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