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To: Alex who wrote (59260)10/2/2000 10:13:45 PM
From: lorne  Respond to of 116764
 
SWISS GOLD: SNB revalues reserves upward, continues sales
Zurich--Oct. 2--The Swiss National Bank announced Monday it had revalued
its gold reserves at 15,245.65 Swiss francs per kilogram at the end of the
third quarter. This led to a book profit on the remaining reserves of 201.5
million francs. In the last 10 days of September, the SNB disposed of roughly
9.5 tonnes of its reserves, marking the end of its first tranche of gold sales.
Under new quotas, the SNB plans to sell 200 tonnes of its reserves by
end-September 2001.
( Story .12848 )

Court orders injunction against Florida firms for metals fraud
Chicago--Oct. 2--A Florida court has ordered a permanent injunction by
default against National Bullion and Coin Inc. of Fort Lauderdale, Fla.;
Capital Credit Management & Finance Inc. of Lauderhill, Fla.; Joseph Flanigan
of Plantation, Fla.; and Lawrence Colman of Lauderhill, Fla., in a Commodity
Futures Trading Commission case involving the fraudulent sale of illegal
precious metals futures contracts.
( Story .20522 )

South Africa's Harmony joins London Bullion Market Association
London--Oct. 2--South African gold mining company Harmony said Monday that
it recently became one of two gold producers that have membership of the London
Bullion Market Association (LBMA). Harmony's said its LBMA membership
recognizes the progress it has made as a producer delivering quality products
into the market.
( Story .13789 )

crbindex.com



To: Alex who wrote (59260)10/2/2000 10:54:56 PM
From: d:oug  Read Replies (2) | Respond to of 116764
 
Alex,

Please, you are tooooooo polite and lack that animal instinct
to guard with savage'ness any attack, even when its not a real
attack but just a change for the better, your territorial thoughts.

Just wondering, your name Alex is my middle, but I remember
that a woman can also have it as a first name with a different
spelling, and add to this most all woman do not have that man
type attack urge to play those shoot'em up kill'em games where
anything that moves is to be destroyed in the name of defence
of the home with woman & children behind the man.

OK, so might your Alex identify you as not a man but a kind,
caring and gentle woman?

You said <<I'm simply speechless in Nova Scotia. :)>>

Question: Thats a really out of the way place. No?

d;o)ug



To: Alex who wrote (59260)10/3/2000 7:30:26 AM
From: long-gone  Respond to of 116764
 
This might slow, reduce, stop or even reverse BoE sales:

UK Conservatives Challenge PM Blair to Call Election Now
By Patrick Goodenough
CNS London Bureau Chief
October 02, 2000

London (CNSNews.com) - Declaring itself a government-in-waiting, Britain's opposition Conservative Party kicked off its annual conference Monday with a confident challenge to Prime Minister Tony Blair to call a general election

"This is the conference which I believe with all my heart can set us on the road to victory at the general election," Conservative Party Chairman Michael Ancram said in a well-received speech to delegates gathered in the seaside resort of Bournemouth.

"This conference will be about winning. We know we can win because, over this last year, we have won time and time again. We are ready to let the people decide. Are you, Mr. Blair?" Ancram asked.

Blair is expected to call the next general election early, sometime next year, possibly in the spring.

Floundering in the polls just months ago, the Conservatives have in recent weeks seen a reversal of fortunes as Blair's Labor government has grappled with one crisis after another.

The Labor Party conference last week, rather than an upbeat celebration by a party successfully pursuing its policies three years after sweeping to power with a huge majority, was instead overshadowed by a fuel tax crisis, anger over a paltry state pension increase, a failed, costly tourist attraction, and slipping polls.

Blair gave what was, in part, a defensive and apologetic speech acknowledging some recent mistakes, and delegates defeated the government in a motion on pensions.

Conservative leader William Hague said on the eve of this week's conference that his party would show that it was ready to govern.

"You can see the disgust at the government, the increasing and deep disillusionment," he told the BBC. "They want to know what the alternative is. We have to present them with that alternative so that people can then judge for themselves."

But a new poll in the Conservative-leaning Daily Telegraph Monday suggests that, despite the government's problems, the Conservatives are still not capitalizing on voter unhappiness with Labor.

In several polls after gas price protests caused severe disruptions last month, Labor for the first time in eight years slipped behind the Conservatives. Since then, however, backing for the governing party has crept up again and now stands at 39 percent compared to 36 percent for the Conservatives.

The Liberal Democrats received 20 points in the Gallup poll, their best showing in six years. Not for the first time the third party appears to be gaining from disillusionment with both major parties.

The Gallup poll shows a number of reasons why voters said they would not vote Conservative. Topping the list was unhappiness with the way the party governed when last in power. Next, respondents struggled with envisioning Hague as a good prime minister. The third reason was the view that the party was "not really interested in public services like the health service and education."

Hague has struggled to present himself as a serious contender for the premiership. He has alienated the "moderate" wing of his party with "hard line" positions on crime and asylum-seekers, upset the pro-European camp with his "euro-skeptic" views, and astonished many ordinary supporters with tales of his exploits as a hard-drinking, "14-pints-a-day" working teenager.

One of the biggest challenges the Conservative Party faces is how to make itself distinctive and a viable alternative in a political environment which has seen a repositioned "New Labor" usurp some traditional Conservative positions.

Hague's critics in the party say he has leaned too far to please the party's right-wing and could lose the general election as a result.

A former Conservative health secretary, Stephen Dorrell, said the party was "at its best" a broad center-right coalition incorporating various points of view.

By only talking "to one section of the center-right point of view," he warned, the party would not get the number of votes required to win the election.

In a bid to widen the Conservatives' appeal and throw off the extremist tag, Hague will unveil this week a series of initiatives on social issues, issues he said in past years "might not have been seen to be at the very top of our agenda."

A first announcement Monday was for plans to regenerate run-down inner city areas, including the dismantling of "tower blocks" - dilapidated high-rise, low-income apartment blocks.

Later in the week the party is expected to announce a more generous increase for state pensioners than the government has promised.

Labor has accused the Conservative Party of promising tax cuts while not explaining exactly how they will be funded without cutting spending on health and other services.
cnsnews.com\ForeignBureaus\archive\200010\For20001002d.html