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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: lorne who wrote (32038)	4/18/1999 10:57:00 AM
From: Alex	Read Replies (1) of 116779

Swiss vote for new constitution allowing sale of gold reserves Copyright © 1999 Nando Media Copyright © 1999 Reuters News Service ZURICH (April 18, 1999 10:00 a.m. EDT nandotimes.com) - Swiss voters narrowly approved a new constitution on Sunday that severs the Swiss franc's outdated link to gold, helping pave the way for plans to sell off half of the country's large gold reserves. Results of the referendum reported by the SDA news agency showed a majority of both voters and cantons favored the new constitution, to take force on January 1, 2000. No gold sales can occur before parliament adopts enabling legislation that cannot be in place before early next year.

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