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To: lorne who wrote (76247)9/12/2001 7:24:22 PM
From: Tom M  Respond to of 116893
 
thanks lorne, I was wondering about the status of the auction. surprised it wasn't at $269 or much lower (yes I know it hit $295 yesterday but without the US "free" market open ). I'd expect they'd sure like to use this event to cause capitulation after seeing POG not surge. May be much lower entry points ahead??



To: lorne who wrote (76247)9/13/2001 8:19:06 AM
From: long-gone  Read Replies (1) | Respond to of 116893
 
<<On 7 March 2001, H M Treasury, is to sell approximately 120 tonnes of gold in a programme of six auctions of around 20 tonnes each in the financial year 2001/02 on the terms and conditions set out in an Information Memorandum that was published on 7 March 2001. This is the third auction in the programme of six. The next auction will be held on Tuesday 27 November 2001. It is intended that the remaining auctions will take place on dates to be announced in January and March 2002. >>

I thought BoE was more done with the sales?



To: lorne who wrote (76247)9/18/2001 7:27:55 PM
From: long-gone  Read Replies (1) | Respond to of 116893
 
<<News Release -
HM Government Gold Auction Result: 12 September 2001
12 September 2001

The Bank of England announces that the gold on offer (approximately 20 tonnes or 643,200 ounces) has been allotted in full at a price of $280.00 per ounce. Details of the result are as follows:

Amount of gold on offer (approx.) 643,200 oz>>

And while they're not busy at the BoE(shorting then?) selling gold?:

Man, 80, arrested on bestiality charge

Westmoreland man charged with having sex with a cow.

By KEITH EPPS
The Free Lance-Star
Date published: Tue, 09/11/2001

An 80-year-old man has been arrested on (cont)

fredericksburg.com