![Article Image](https://www.freedomsphoenix.com/Uploads/Pix/056-0219113026.jpg)
IMF Gold Sales v the Alchemy of Gold Futures
• Underground InvestorThe recently announced IMF sales of 191.3 tonnes of gold reserves, though it caused an immediate sharp knee-jerk reaction in gold futures markets, will have a negligible effect on the long-term price of gold. Here's why.