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Message: IMF sale

IMF sale

posted on Jun 20, 2009 01:26PM

As we all know by now:

Obama Administration pushes IMF gold sales through House by tieing it to security bill

The U.S. House of Representatives has passed a bill which included an expanded credit facility for the IMF and effective U.S. approval for the proposed IMF sale of 400 tons of gold.

Was this done to appease the Chinese. You keep buying our dollars and with them you can then buy this gold.

Peoples thoughts.

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