Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject	8/29/2001 9:47:21 PM
From: Frank Pembleton	of 36161

Snafu Halts Precious Metals Exports By Torrey Clark -- Staff Writer Precious metals exporters are nervously scratching their heads over a bureaucratic snafu that has banned their shipments from leaving the country since Saturday. A long-awaited presidential decree that was signed by Vladimir Putin in June but only came into effect Aug. 25, aimed to simplify import and export procedures for gems and precious metals, such as gold, silver, palladium and platinum. But instead of making life easier, the decree stopped exports at customs because there are no inspectors ready to approve shipments, as the decree stipulates. themoscowtimes.com

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