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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
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To: energyplay who wrote (55251)9/21/2009 2:22:27 PM
From: RJA_2 Recommendations  Read Replies (1) of 217786
 
>>What happens if China decides to buy only a little or none of the IMF gold ?

IMHO:

As long as done under rules per the CB gold sales agreement (which this sale has been described as being under), max 400 tons/yr for all CB's and IMF, this is actually less gold sales than the prevous two 5 yr agreements limit of 500 tons annually.

See POG chart for how market handled those sales.

And if China does buy it, well, better.
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