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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: IngotWeTrust who wrote (83776)	3/26/2002 6:41:53 AM
From: d:oug	Read Replies (1) \| Respond to of 116762

Message from o49r/gold_tutor - Q&A aTime This dear lady asks a question while making a comment that only she has had the foresight among us to bring into focus this important outstanding event. If this type of post from her does seem familiar to us all on this thread since she is well knowned as one that is the first to alert us to activity that will soon become events of important to us all, and yes as we can quite well remember, she has also demonstrated every time that she already has answers of depth and scope to explain for our eduction and learning already in her hand as she asks the question in a manner to inquire if anyone else besides her has that ability she has to be first on the spot where knowledge of importance seems to be lacking on this thread as we post away seemingly oblivious to important world events. I will take this opportunity to thank her for helping us all in these matters that would, if not for her, pass us by. Message #83780 from gold_tutor at Mar 26, 2002 5:37 AM Hi, John...your thoughts? I've been kicking around this POG retail demand kicker wildcard post April 1, 2002 in Japan, and have yet to see anybody bring up this angle...(Not even ole Smurf [Bill Murphy of gata.org and LeMetropoleCafe.com] has waxed eloquent on it...but since we all know he reads everything I write, it will probably show up in a soon to be released column<g>)... So, have you read anything worth noting/sharing regarding what is thought to be going to happen from April 1, 2002 forward with Japanese savings vehicle and its possible relevance to continued gold demand going forward from that disenchanted and targeted sector, aka the thrifty savings oriented Japanese national? Thanks. Looking forward to your reply. g_t [end.] Now i am very confused, not about the nature of the material she speaks about related to gold and Japan, but that she seems not to be a member of Gata Bill's Cafe since the material she have identified as needing depth of research has already been covered at Gata Bill's Cafe in greater depth and scope than what she feels is required to cover all bases. o well, and just a quick off topic mention that she posted today to us about she was always a top 20 Si Bookmarked person, with her mention that she feels that she is still in the top 20. o well o my, Message 17136890 ** HOT PEOPLE -- March, 2002 Edition ** This is a list of the top 50 most bookmarked SI Members. Included in above is also, as follows. August, 2001 Edition January, 2001 Edition Now i don't find any o49r or gold_tutor in the above three, but that must be my mistake in looking, so please someone please help me locate her. Thanks doug ak aka ak ak Oops, On topic material follows, but please do not venture there since Gata Bill et al did a no-no nasty and held out tin cup. Yahoo Groups : GATA Messages : # 1062 Subject: The manipulation is in the open now, and it's faltering. Tuesday, March 26, 2002 Dear Friend of GATA and Gold: Monday's first big news was... Monday's second big news was... Tim Wood's observations about the Bundesbank's... You can find them here: Or just go to TheMiningWeb's home page: theminingweb.com No doubt another official attack on gold is being devised even now. But as it gets so much more obvious, the gold price suppression scheme seems to be getting more difficult to maintain. There's no telling... GATA was right at the beginning three years ago and is more right than ever now. It's coming out, and more of it will come out. Please stick with us and... CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc.

To: IngotWeTrust who wrote (83776)	3/26/2002 7:37:06 AM
From: long-gone	Read Replies (2) \| Respond to of 116762

<<...with it being the 26th of March, I thought I might as well mention it. Much has been made of the Japanese: 1) documented, historical savings rate 2) the change in Japanese "insured savubgs/deposits limit status" after March 31, 2002 3) the upper insured change being approximately a paltry $87,000 per depositor 4) the documented increase in imported gold by Japan in this quarter over last year for example, 5) the documented increase in retail sales of gold as opposed to platinum to retail consumer in Japan What I'm not hearing and am wondering if you have, is this: I'm hearing nothing about the fact that if so much conversion of "over $87,000" insured funds has already gone into gold, where are pundits thinking NEW savings by the obviously thrifty Japanese is going to go? I mean, once a "ceiling" has been reached, are we goldbugs going to witness a continued conversion into physical gold from April 1, 2002 forward by the thrifty Japanese who has already hit the ceiling and has few other "safe havens" for their debauched currency. Have you seen any estimates?>> What you didn't mention was the pending failure of a few Japanese banks & perhaps an Insurance firm...They simply MUST pur their money into gold If they plan to save it - there.

To: IngotWeTrust who wrote (83776)	3/26/2002 8:26:09 AM
From: John Soileau	Read Replies (1) \| Respond to of 116762

Morning, Ole! Well, we KNOW they're not gonna spend it! Actually, if they did, it might help Japan out of their trap, but the thrifty Japanese aren't likely to quit being thrifty anytime soon. Given the bank tremors and the dropping insurance cap, any Japanese saver has to be looking at alternatives, both for existing and ongoing savings. Physical gold is an obvious candidate, but that's an uninsured investment as well. There's a certain insecurity involved in leaving physical gold under the tatami mat while you go out for some sushi. Trusting the gold to a depository (financial institution) can't seem too attractive, if your expectation is that several or many of them are just about to fail. What I'd like to know is whether there are readily available parking places other than Japanese financial institutions. For example, could a Japanese investor place funds in a (perceived-safer) American or Swiss institution with a branch in Japan, such as CreditSuisse or Bank of America? The investor assumption would be that the deposits would still be standing amid the Japanese bank rubble. My working hypothesis (readily subject to correction) is that there will be some movement into gold by the small investor in the near term, which we are seeing already, but the ongoing bigger picture will be flight into non-Japanese FINANCIAL investments. So I don't expect the 4/1 regulation change to be a massive event in the history of gold, just a welcome minor one. Time will tell. John