**gold will continue to collapse**, page-40

re: **gold to collapse - silver, uranium to shine* Paul van Eeden commentary from Kitco.com:

"Another possibility is that the IMF actually sells some, or all of its gold, and uses the proceeds to assist poor countries with their debt. If the IMF sold its gold it could, for instance, buy a basket of sovereign debt and use the interest earned on the portfolio for debt relief. This option could potentially be more detrimental to the gold market. We are talking about a lot of gold: the IMF has 103.4 million ounces, or 3,216 tonnes. If all that gold were dumped on the market at once it could have a negative impact on the gold price. However, it is highly unlikely that the IMF would do that."

If you see the IMF dump any gold for 'debt relief' in poor countries, this would be a pretty good indicator that holders of significant inventories are worried. With the state of the US economy now and oil at $US49/barrel, the gold price should already be back up over $450/oz given traditional gold market fundamentals.