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Strategies & Market Trends : Strictly: Drilling II
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To: Frank Pembleton who started this subject8/25/2002 4:39:16 PM
From: Nelson958  Read Replies (3) of 36161
 
Swiss SNB Sold 78 Tons Of Gold in 10-Day Period To Aug 20 ZURICH (Dow Jones)--The Swiss National Bank sold around 7.8 metric tons of
gold reserves in the ten-day reporting period ended Aug. 20, the central bank's
regular statistical report showed Wednesday.

That brings the total gold sales to around 577.7 tons since the beginning of
the SNB's program in May 2000 to sell 1,300 tons of surplus reserves.

The gold operations come under a framework agreed among 15 European central
banks on Sept. 26, 1999.

Nelson
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