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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: Amark$p who wrote (63837)2/28/2009 10:53:11 AM
From: Claude Cormier2 Recommendations  Read Replies (1) of 78413
 
Indeed that would be diabolical. But I doubt they would do this. I don't think the goverment care that much about gold as they know it would not have significant long term inpact.

GLD total ounces is less than 3% of what the central bank owns and less than 0.6% id all the gold in the world. Many countries would gladly buy that gold at a discount. So, even this diabolical event, would only be a small blib on gold long term march upward.
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