will imf gold sale hit bullion market?, page-9

There has already been a submission to congress according to this article
http://www.commodityonline.com/news/Will-IMF-gold-sale-hit-bullion-market-15118-3-1.html
Though it does say it will need to be resubmitted...

This IMF post seems to indicate they are proceeding whether this is scare mongering or not will play out in coming months

http://www.imf.org/external/np/exr/faq/goldfaqs.htm

the G7 has approved it
http://in.reuters.com/article/businessNews/idINIndia-31847320080209

So to say it cannot happen is wrong. That is not to say that it will happen but the possibility is DEFINTELY there.
T