(from SH GPR board littleguy123)

"1) The sale was already approved by the executives of the IMF more than a year ago.

2) This is the 3rd or 4th time that the Manipulators have trotted-out this same, tired story - to try to push gold down.

3) It is illegal to sell IMG gold without the approval of the U.S. Congress.

4) It has never been put on the agenda of Congress in the one YEAR since the sale was "approved".

5) There is no reason to think it will EVER be put on Congress' agenda.

6) Even if they one day begin to debate this proposal, there is no reason to believe it would pass.

Hopefully, each and every time you see some talking-head talk about "the IMF selling gold", you will do what I do - laugh.

And should (by some miracle) this event ever take place, as Jim Sinclair points out on his site, the LAST TIME the IMF did this it was gold-bullish, because the gold was immediately snapped up by buyers.

Given the circumstances in the world today, there would probably be countries fighting over who gets to BUY the gold - since there would likely NEVER be another opportunity to buy this MUCH gold without driving the price sky-high.

LG"

safeharbour