So what's the truth here? From China daily, yesterday: China unlikely to buy gold from IMF http://www.chinadaily.com.cn/bizchina/2010-02/24/content_9495476.htm And today from Pravda today (I know...) China To Purchase Half of IMF's Gold http://english.pravda.ru/business/finance/25-02-2010/112369-china_gold-0 But wait!!! India wants in on it too? India-IMF deal to stabilise gold http://www.business24-7.ae/Articles...2252010_af484731ee4c4e9b82d666ff515ff915.aspx A lot of crazy stories out there... I think the central banks in the emerging markets have been playing it a little too cool lately about their appetite for gold. we'll see... I'm waiting to hear from Bloomberg on this. Too many conflicting stories here.