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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: Re: China Buys IMF Gold
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vhf
Feb 25, 2010 08:55AM

Mornin V

"China has confirmed the intention to purchase 191.3 tons of gold from the International Monetary Fund at an open auction,"

If this is the kind of auction the average person understands, it will be very interesting to see the price at which the gold is sold. More interesting is are there other bidders who would try to bid against China.

Regardless, this can only be positive for gold and therefore silver and our little mine.

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