Commodities - The Coming Bull Market Message Board

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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: craig crawford who wrote (1028)	2/1/2002 4:19:33 PM
From: russet	Read Replies (1) of 1643

<<<Reports that Japanese consumers are rushing to buy gold, first reported here more than a week ago, might explain part of gold's recent gains. Japanese investors bought about 10 tons of gold bars and coins in January, or double the monthly average from last year, according to the World Gold Council>>> If I was worried my bank could go under and they give me 0.1 percent in my savings account, my stock market was crashing, my currency was the dropping, my government was severely in debt and running big deficits to support the banks with their eroding capital base....where would I put my money? How much have the Japanese socked away in savings accounts? If Japan continues to devalue their currency to keep exporting and their citizens working, the rest of the Far East will too,...and what will those citizens do to protect the value of their savings? The surprise is that there is any gold left to buy (ggggggggggggg) Oh boy!:-))

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