It makes you wonder.. who is in fact buying the IMF gold ? Is it just paper gold certificates like on offer at comex or is it physical gold. Is the gold being sold to other central banks wholesale such as china... is it a direct swap for treasuries held by foreign creditors ? They say open market....
We don't know because the IMF is a shady secretive world central bank that has its own agenda... which doesn't involve gold going up at this point in time.