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'China ready to buy IMF gold with a telephone call'
The IMF plan to sell 403 tons of gold--which is 12.9 million ounces of the yellow metal--is the most heated debate these days. Is the gold sale the best option for IMF funding? Is IMF selling gold at a low price? Noted gold analyst Jim Sinclair says the IMF gold sale plan is the dumbest decision. He adds China will be the first country to buy the IMF gold reserve. Read News
