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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Roebear who wrote (71041)	6/2/2001 11:05:42 PM
From: goldsheet	Read Replies (1) \| Respond to of 116762

> Swiss gold sale that was started two(or three?) years ago It seems that long ago talk started, but the law was not changed until 1 MAY 2000, and the acutal sales started about a year ago. They held 2590mt in reserves and planned to dispose of 1300mt. Here's all the press releases: May 2000 snb.ch (120 tonnes of gold on the market by the end of September 2000) September 2000 snb.ch (additional 200 tonnes of gold on the market by the end of September 2001) March 2001 snb.ch (an additional total amount of 100 tonnes of gold on the market by the end of September 2001) They must be well trough the second tranche to announce another 100mt by September, so I would assume thay are pretty close to disposal of 320mt by now, and should hit 420mt by the end of September 2001 (if I read the above press releases correctly)