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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.98

+0.2%

Dec 4 4:00 PM EST

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To: Alex who wrote (39997)	9/3/1999 9:47:00 AM
From: John Hunt	Read Replies (3) of 116796

Canada sells 170,000 ounces of gold in August << Canada's central bank sold 170,000 ounces of gold in August from its foreign reserves, decreasing gold holdings to 1.9 million ounces, the Finance Department said on Friday. The sale increased foreign reserves by US$8 million. The valuation is based on August 31 London p.m. gold fix of US$254.80 per ounce. The Canadian government has a policy of gradually selling off its gold reserves and replacing them with interest bearing instruments. >> biz.yahoo.com 12 more months until Canada reaches Haiti's gold reserve status. :-((

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