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To: FromLori
Just speculation, but you could buy all of the gold the IMF has proposed selling with those bonds.

The IMF holds 103.4 million ounces (3,217 metric tons) of gold, making it the third largest official holder of gold. The gold is valued on its balance sheet at SDR 5.9 billion (about $9.2 billion) on the basis of historical cost. The market value of this gold was $95.2 billion as of February 20, 2008.

IMF Gold sales

35 posted on 06/13/2009 11:19:43 PM PDT by Vince Ferrer
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To: Vince Ferrer

Wow that is very interesting thanks


41 posted on 06/14/2009 7:51:46 AM PDT by FromLori (FromLori)
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