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To: george76
Where did the IMF get all that gold?

Mike

3 posted on 11/26/2009 5:22:40 AM PST by MichaelP (Peckerwood is in charge...)
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To: MichaelP
The official explanation is that it is the result of "profits" that the IMF made over the years.

However, since the USA kicked in a bunch of money and other support to start and operate the IMF, I personally wonder if the proceeds from the profits should be distributed back proportionately to the countries that funded the IMF. Don't expect anyone in the State Dept. however to share that view.

4 posted on 11/26/2009 5:35:24 AM PST by ikka (Brother, you asked for it!)
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To: MichaelP
Have they done an inventory at Ft. Knoxx lately?
5 posted on 11/26/2009 5:35:57 AM PST by Humal
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