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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: rubbersoul who wrote (11968)11/27/2009 10:57:45 AM
From: TheSlowLane  Read Replies (3) | Respond to of 48092
 
I am not sure it is so much that they do not want it to tank as that they are using any and every opportunity to step in and buy. This is exactly what guys like Coxe and Christian have been talking about for some time now. When you have countries like Mauritius, for God's sake, stepping up to buy IMF gold, I mean, what does that tell you? I don't remember any gold bulls trying to counter those arguing that IMF gold sales would tank the market by saying that obscure countries that most people have never heard of will step up to the plate. But...it's happening. <g>