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Strategies & Market Trends : Strictly: Drilling II
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To: Frank Pembleton who wrote (2128)9/25/2001 9:39:08 AM
From: Roebear  Read Replies (1) of 36161
 
Morning Frank,
Right on schedule the Swiss announce progress of their gold sales:

cnniw.yellowbrix.com;

ZURICH (AFX) - The Swiss National Bank (SNB) said its on-going gold sales programme has so far raised just under 4.8 bln sfr from the sale of 320 tonnes.

A further 283 tonnes of gold will be put on the market by end-Sept 2002, it said.

Gold operations are being carried out under the gold sales framework agreement which was reached by 15 European central banks in 1999, it said.

SNB aims to sell a total of 1,300 tonnes of gold.
***

Like clockwork, ggg

Best,

Roebear
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