Re: G7 Approves IMF gold sales

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Clint008

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Re: G7 Approves IMF gold sales

in response to

Re: G7 Approves IMF gold sales

ESL

posted on Feb 10, 2008 06:44AM

Here is the point of view from Dr Vronsky President of Gold-Eagle:

WHEN CENTRAL BANKS SELL GOLD, Their Currencies Devalue

(vronsky)

Feb 10, 07:09

I wrote this piece way back in 1998. However, the principles and tenets are immutable...and therefore apply with equal force today.

http://www.gold-eagle.com/analysis_9...

When a Central Bank sells gold, the price of the shiny yellow in their currency will eventually and inevitably rise.

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