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To: Eva who wrote (29129)	1/23/2002 11:33:35 PM
From: pater tenebrarum	Respond to of 209892

Eva, they're buying bullion. so far, it hasn't been enough to make a difference, as Japanese gold buying comes off an incredibly depressed bottom. but reportedly, gold retailers have seen revenues increase five-fold, and more in some cases, year-on-year. Japanese investors traditionally tend to behave herd-like, more so than investors elsewhere, so this relatively young trend could easily turn into a stampede. note also that gold in Yen looks like this: sharelynx.net clearly recent recent Japanese buyers are happy campers...and the long term chart shows gold is still historically extremely cheap in Yen terms. regards, hb