1. QUOTE from:
    China may pass on IMF gold
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    That would reduce its risk of exposure to the "market prices" that India had to pay. "As such, the higher gold prices rise, the less likely China will be interested in IMF gold, in our view, and the less likely the remainder of the sales will be completed 'off-market' in 2009-10" they wrote. "Nevertheless, given the reduced IMF overhang and continuing fiscal and monetary stimulus policies, the [gold] market may rise even without Chinese buying." Full Article at Financial Post
    As such, the higher gold prices rise, the less likely China will be interested in IMF gold, in our view, and the less likely the remainder of the sales will be completed 'off-market' in 2009-10
    SOURCE: Financial Post 1 month ago
All quotes from:
China may pass on IMF gold
  1. Nevertheless, given the reduced IMF overhang and continuing fiscal and monetary stimulus policies, the [gold] market may rise even without Chinese buying.
    SOURCE: Financial Post 1 month ago

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