The Yanks are not likely to put any Fort Knox gold on the market...

The Yanks are not likely to put any Fort Knox gold on the market once they can keep on borrowing in greenbacks.

Why should they flog their gold when the can print billions for a few bob and, besides, it is in the US interest to have a low valued greenback to rev up its exports and replace imports with local manufacture; it's about the only way Uncle Sam can halve unemployment.

This and the reasons why gold went up in the first instance
bodes well for the POG at least for another 3 years and this Fort Knox is just a bunch of contrarian Mullarky.

IGR and other small producing goldies have little to worry about over the next 3 years except pumping out the metal.

Cheers Moorookamick