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Janus232
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Post by Janus232 » 10-08-2009 02:20 AM

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Post by Janus232 » 10-13-2009 05:01 AM

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Post by Janus232 » 10-14-2009 12:25 AM

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Post by SquidInk » 11-03-2009 10:11 AM

If this keeps up, I'll trade gold for salt - lots of salt.
IMF Sells Gold to India

Nov. 3 (Bloomberg) -- The International Monetary Fund sold 200 metric tons of gold to the Reserve Bank of India for about .7 billion, its first such sale in nine years.

The transaction, equivalent to 8 percent of global annual mine production, involved daily sales from Oct. 19-30 at market prices and is in the process of being settled, the IMF said in a statement yesterday. The average price to India, the biggest consumer, was about
IMF Sells Gold to India

Nov. 3 (Bloomberg) -- The International Monetary Fund sold 200 metric tons of gold to the Reserve Bank of India for about $6.7 billion, its first such sale in nine years.

The transaction, equivalent to 8 percent of global annual mine production, involved daily sales from Oct. 19-30 at market prices and is in the process of being settled, the IMF said in a statement yesterday. The average price to India, the biggest consumer, was about $1,045 an ounce, an IMF official said on a conference call. Gold for immediate delivery gained 0.2 percent.

“The fall in the U.S. dollar seems to be pushing all the central banks to strengthen their portfolio with gold,” said N.R. Bhanumurthy, professor at the National Institute of Public Finance and Policy in New Delhi. “Gold is a safe store of value compared to the U.S. dollar.” ...more
,045 an ounce, an IMF official said on a conference call. Gold for immediate delivery gained 0.2 percent.

“The fall in the U.S. dollar seems to be pushing all the central banks to strengthen their portfolio with gold,” said N.R. Bhanumurthy, professor at the National Institute of Public Finance and Policy in New Delhi. “Gold is a safe store of value compared to the U.S. dollar.” ...more
For if it profit, none dare call it Treason.

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Janus232
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Post by Janus232 » 11-03-2009 09:36 PM

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Post by Janus232 » 11-04-2009 05:05 AM

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Post by Janus232 » 11-08-2009 11:42 PM

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Post by Shirleypal » 11-09-2009 12:17 AM

Thanks for the updates Janus, hope all is going well.:)

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Post by Janus232 » 11-09-2009 12:22 AM

As well as can be expected SP... Thanks for asking....:)
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Post by Janus232 » 11-09-2009 02:58 AM

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Post by Janus232 » 11-09-2009 06:11 AM

Which will come out on top: paper or gold?
"Printing presses have been pumping out dollars and pounds. Little wonder many are seeking a more trusty store of value"
http://www.timesonline.co.uk/tol/commen ... 908789.ece
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Post by Janus232 » 11-11-2009 03:11 AM

$1116.70 Daily Spot Gold
http://www.kitco.com/charts/livegold.html

Gold Advances to Record in London, New York as Dollar Weakens
"spot gold has risen 26 percent this year"
http://www.bloomberg.com/apps/news?pid= ... 8D1fcwbJqo
Last edited by Janus232 on 11-11-2009 04:08 AM, edited 1 time in total.
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Post by Janus232 » 11-11-2009 05:18 AM

Vietnam to allow gold imports - central bank
"The State Bank of Vietnam will allow gold imports with a volume sufficient to interfere in the market in order to stabilise the market, combat speculation and prevent an impact on the interests of the people"
http://www.reuters.com/article/hotStock ... 6620091111
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Post by Janus232 » 11-11-2009 09:56 PM

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Post by Janus232 » 11-15-2009 10:41 PM

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