The problem with spreading rumours is that the first person (On...

The problem with spreading rumours is that the first person (On Kitco) may well have started the rumour.

Although it is abundantly clear that it was a false one even at the moment it was uttered.

If anyone wanted 400 tonnes of gold then the IMF could have supplied that at at a discount to the market.

So, why go to Comex?

There are some CB sales from time to time and I can assure you that odd 300-500 tonnes may never see the market unless it is used for manipulation.


The market never got excited about that rumour anyway.



Gerry