The International Monetary Fund has sold 200 tonnes of gold to the Reserve Bank of India for $6,7 billion, quietly executing half of a long-planned bullion sale that has threatened to slow gold’s ascent.

http://www.businessday.co.za/articles/Co...

This will set gold on an upward trajectory for December. Will Bakurchik come online soon or will RF sell it? It's got over 10K proven ounces of gold in the ground. At these Au prices, RF should be able to get at least a few hundred million out of it. I believe the processing plant there is almost complete...