Is the IMF's gold really there?

James Turk: Is the IMF's gold really there?

Submitted by cpowell on Wed, 2010-05-05 13:54. Section: Daily Dispatches

10a ET Wednesday, May 5, 2010

Dear Friend of GATA and Gold:

James Turk, founder of GoldMoney, editor of the Free Gold Money Report, and consultant to GATA, today takes note of the International Monetary Fund's refusal to account for the gold it claims to have. Turk also quotes a Wall Street Journal report suggesting that the IMF's resources are actually just pledges from the central banks of some of its financially stronger member nations. Turk's commentary is headlined "Is the IMF's Gold Really There?" and you can find it at the Free Gold Money Report Internet site here:

http://www.fgmr.com/is-the-imf-gold-really-there.html

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.