According to the World Gold Council's 2000 Report, Switzerland only had 2558 tonnes of gold. They are going to sell 2000 of that by Sept. 2004? If we are in a gold bull market--that could last 5-8 years--the Swiss are nuts.
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G'morning Country,
Hey, not all of the Swiss are nuts. Some of them are cheese. <gg>
Only those associated with their Central Bank are nuts!
Imagine, selling gold, which has a rising value, for paper money, which is, for all intents and purposes, going to lose buying power as the paper currencies of the world (except China) race each other to zero in the coming defacto devaluation derby. -VBG-
Dan