MON 0.00% 29.5¢ monarch gold mining company limited

ijh

  1. 2,213 Posts.
    Matey, yesterday I decided to test the size of the brain pool that were actually posting negatives on here so I posed the question about the effect of IMF gold sales and its effect on the POG.....you could have heard the crickets it was that silent!...not one of them had a sound opinion...not one!

    Now I am far from a genius but even I knew that Gold sold by the IMF was never actually going to effect the physical market as it would be an off-market transfer.
    In actual fact it is BULLISH, as the gold is changing from weak to strong hands.
    I said then it would have a very short term psychological impact and yet they were all left without so much as a idea and they expect everyone to believe that they know it all.....LMAO!
 
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