All Posts Tagged With: "imf"

post thumbnail

IMF Gold Up For Sale to Pay the Bills

It has been a bad week for the International Monetary Fund. The executive board of the Fund agreed earlier this week to a plan which would see the Fund sell about 403 metric tons of its gold (13 million ounces or so) to raise…

April 11th, 2008 | Dan Denning | 0 comments | Continued
post thumbnail

Gold Rises Despite IMF Gold Sales Plan

The International Monetary Fund (IMF) may look to sell some of its 3,217 tonnes of gold - the third largest hoard in the world - failed to deter investors from buying gold in Asia overnight. With the IMF looking to cover a budget deficit of $400 million per year, the US Congress would still need to approve the plan…

February 13th, 2008 | Adrian Ash | 2 comments | Continued
Subscribe to the Daily Reckoning

© Copyright The Daily Reckoning Australia & Port Phillip Publishing Pty LTD 2008 All rights reserved.

Port Phillip Publishing Pty Ltd holds an Australian Financial Services License: 323 988. View our Financial Services Guide.

ACN: 117 765 009 ABN: 33 117 765 009

Port Phillip Publishing
Attn: Daily Reckoning Australia
PO Box 899
Braeside
VIC 3195

Tel: 1300 667 481
Fax: (03) 9558 2219