Anyone could confirm or provide more input vis-a-vis the sale of billion $ of IMF gold to India? I see Peter has commented on this briefly and know that this will push gold prices higher.
P.S. I also read in some other article that in this transaction India is just the mediator and the ultimate owner of gold is China (payoff to keep them happy over US deficit & $ value slide)…..it makes sense (unfortunately I don’t recall the source)
