Sunday, June 20, 2010

Jeff Nielson: Collapse of official gold sales heralds much higher price


http://www.gata.org/node/8747
Submitted by cpowell on Sat, 2010-06-19 16:55.
Dear Friend of GATA and Gold:

Jeff Nielson of Bullion Bulls Canada examines the greatly diminished volume of official gold sales -- falling from 500 tonnes annually via the European central banks to only about 150 tonnes remaining to be sold by the International Monetary Fund -- and concludes that a major revaluation of gold is likely. Nielson's commentary is headlined "The Real Truth about the IMF's Gold Sale" and you can find it at Bullion Bulls Canada here:

CLICK HERE

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