Stacy Summary: Lots of discussion no doubt will ensue on, “The IMF meets on May 11 in Zurich. They will be discussing alternatives to the dollar reserve schema, and there is some speculation that Russia and China will formally raise the issue of gold and silver in the currency basket based on their stated positions and some speeches by officials. But that seems a bit of a reach without something fresher.”
UPDATE:
- CFTC Warns GOLD/SILVER Spikes (Denninger)
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