Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (22188)	11/22/2002 5:28:15 AM
From: Roebear	Read Replies (1) of 36161

isopatch, A tonne a day keeps Sir Greenie in pay: The Swiss National Bank(SNW) gave report on its gold reserve on Thursday, reporting that its gold and gold lending reserve was down by 138.60 millions francs to 30,058.8 millions francs from Nov.11 to Nov 20. The central bank started selling just over half of its 2,590 tonnes of gold in May 2000. It has been selling roughly a tonne a day since then in a gradual drip designed not to upset markets. [Looks like swiss sales more than half done] Best Regards, Roebear

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