This is an ancient story that comes out by the PPT anytime they want to knock Gold down and "top up" their paper currencies......The US$ and stocks had resumed its decline trend yesterday, and this news was orchestrated to reverse that trend...It will fail miserably...Never has worked, never will work...The IMF Gold they hold belongs to numerous countries, NOT to the IMF...they must obtain permission from these countries to sell that GOLD...As mentioned this has been tried many times, and NEVER has any country given permission to do so...They are mostly US and European...the US$ will NEVER sell their Gold, and the Europeans have since 1995 , have in place the Plaza Accord, wherein under law they cannot sell any more Gold than 500 Tons Gold per year...So in my view, one shouldn't believe a word of this news... 

IMCO

JD*