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To: PaulM who wrote (55439)6/29/2000 1:48:00 AM
From: Gary H  Respond to of 116756
 
JAPAN APPEARS TO BE going nowhere fast. ~ But beneath this veneer of complacency, deep changes are taking place. Where before there were only loyal salarymen, now there are legions of entrepreneurs; where sleepy traditional firms once dominated, New Economy start-ups are taking hold; where politics stagnated under one-party rule, now there is hope for real debate. And it's all happening in an
uncharacteristically convoluted way that may unnerve
friends and foes alike.

feer.com



To: PaulM who wrote (55439)6/29/2000 5:59:00 AM
From: d:oug  Respond to of 116756
 
Paul, Over at the egroups.com GoldWorldNet thread was a mention of Fleckenstein,
of <<...he's a director of Pan American Silver.>>

egroups.com

egroups.com

Subject: Bill Fleckenstein, Gold, Stillwater

... daily basis is Bill Fleckenstein's Contrary Investor
at siliconinvestor.com

... he comments on gold as follows:

"Away from stocks, it was interesting to note that the yellow dog was
barking today. Sources at the Comex tell me that JP Morgan, which has until
now been very bearish on gold, issued a bullish opinion that was apparently
technically based, but did talk about the potential for an explosive rally.
These are not exactly the kind of words that have been on people's lips over
there in recent memory. As anyone following the gold market knows, Morgan
has been wildly bearish. Another more-informed source told me that today's
action had more to do with changes in hedging and reserve policy in South
Africa. Details at the moment are sketchy, so stay tuned. Gold did finish
at its best level in some time, up $6.80 to just over $294 an ounce."

And then he comments on Stillwater, Franco and Gold Fields.....

"A subject I haven't talked about much is the prices of the platinum group
metals -- palladium and platinum itself. I've long been a bull on those
metals intellectually because of the supply-and-demand characteristics,
but the practice of investing in PGM as a group has actually kind of worked.

Almost all the PGM metals produced in the world either come from South
Africa or Russia, with the notable exception of a mine in Montana owned by
Stillwater Mining (SWC). The reason I mention this is that.....
... Sounds like a teriffic three way combination to me.....

By the way, he is a bull on silver - he's a director of Pan American Silver.
Cheers.....