According to Jerome Corsi:
The International Monetary Fund says it plans to sell gold from its reserves, and the announcement at the Group of Seven (G7) meeting in Tokyo confirmed those moves could come as early as April.
The maneuver widely is understood to be aimed at an IMF goal of depressing the price of gold worldwide.
“We don’t know how many tons the IMF will sell and when the sale will hit the market,” he continued, “because so much of what the IMF does is intentionally hidden from public view through complex contracts and transactions that are typically not clearly disclosed.”
“The goal of the Federal Reserve is to get the price of gold down and obtain for the larger central banks legal possession of the gold from the sovereign central banks,” Bolser stressed.