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To: Luc Beaugrand who wrote (20687)10/5/1998 1:37:00 PM
From: kitkat  Respond to of 116796
 
The IMF is NOT considering selling its gold. It was not even discussed according to the currency news at Yahoo...

"Stark told a news conference in response to a question as to whether gold sales were again being considered to provide the IMF with additional funding: ''Gold sales, or gold pawning, has not been an issue here.''

The idea of IMF gold sales was raised about two years ago as a way to raise funds to help offer relief to the world's poorest nations. The sale was blocked by a minority of IMF members led by Germany, which has strongly opposed gold sales."