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Ronan Manly: Has Macron's call for more IMF gold sales been slapped down?
3:42p ET Wednesday, July 14, 2021
Dear Friend of GATA and Gold:
Bullion Star's Ronan Manly writes today that prompted by French President Emmanuel Macron,, there is again talk of having the International Monetary Fund sell gold in the name of helping poor African countries.
This, Manly writes, is probably just more cover for a scheme to move gold around to rescue bullion bank loans or to advantage one central bank or another that wants to acquire gold.
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But Manly adds that IMF members don't seem enthusiastic about the idea.
His analysis is headlined "Has Macron's Call for New IMF Gold Sales Been Slapped Down?" and it's posted at Bullion Star here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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