Clean Energy Transition, or transition.inc, is focused on opportunities to generate positive cash flow, across the energy transition

Free
Message: Re: IMF to sell Gold?
8
Feb 12, 2009 05:18AM

Re: IMF to sell Gold?

posted on Feb 12, 2009 01:17PM

I Agree Ron4n any Bullion of that size will be bought up fast. The stored value in gold is shining. I believe that all this new paper the world is printing, will cause a devaluation in the dollar. If I had my capital all in cash I would spend it on something that would hold its value if I could. China is not the only country that would be interested in trading paper for gold. The IMF should be buying gold not selling it in todays economics. If the $'s of today where based on a gold standard rather than on dept and strengths of economies. The financial of today may have been avoided.

3
Feb 13, 2009 03:50AM
Share
New Message
Please login to post a reply