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Commodity Online withdraws IMF gold purchase report
9:30a ET Tuesday, May 15, 2012
Dear Friend of GATA and Gold:
Commodity Online has withdrawn its report, dispatched to you yesterday (http://www.gata.org/node/11357), that the International Monetary Fund plans to buy $2 billion in gold. "Instead," Commodity Online says, "the IMF has stated only that it plans to increase its reserves." Commodity Online's correction is posted here:
http://www.commodityonline.com/news/imf-stresses-need-to-increase-reserv...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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