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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: Philip S. LaMar Jr., J.D. who wrote ()	2/24/1999 1:21:00 PM
From: long-gone	Read Replies (1) of 116789

<<A substantial number of our clients have gone into precious metals through offshore accounts so that they may enjoy the benefits of tax deferment and asset protection.>> Philip, Thank you for your input & welcome. It feels good to know we were not wrong only, (somewhat) early. Would you be willing to "share" a little more? Are these rather "upscale" clients" or more the middle class investor? Are these "possesion" accounts or are they for options to buy? Which (overall) have you seen as the precious metal of choice? Would you class these investments as a substantial or large percentage of total position for these people or only diversification play? TIA rh

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