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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST
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To: TheBusDriver who wrote (52057)4/28/2000 6:31:00 PM
From: lorne  Read Replies (1) of 116762
 
BRIDGE UPDATE--PRECIOUS METALS: Swiss gold sales to begin ASAP

Apr 28--2143 GMT/1743 ET
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TOP STORIES:

SWISS GOLD: Meyer says SNB to begin sales as soon as possible
Zurich--April 29--Swiss National Bank President Hans Meyer said Friday the
new currency law freeing the Swiss franc from its gold reserves would become law
on May 1, and the SNB "would begin the sale of its excess gold reserves as
quickly as possible." Meyer stressed the planned sales of 1,300 tonnes of SNB
gold would be within the framework of the central bank agreement limiting sales
to 2,000 tonnes over the coming five years. (Story .12742)
crbindex.com
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