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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (5945)9/9/2002 8:04:01 PM
From: pogbull  Read Replies (1) | Respond to of 89467
 
Interesting excerpt from Richard Russell

Message 17958688

Interesting e-mail received today from a Hong Kong Subscriber --

Mr. Russell, I think the following piece of information may be useful to you and your subscribers. I live in Hong Kong and over the past several days I have been trying to buy American Eagles gold coins. I have contracted a few banks here (HSBC, Citigroup, Merrill, Amer. Express, Bank of Amer.) and all of them refuse to sell gold coins. Their answer is "we stopped this service a few weeks ago and our stocks are finished."

I found this rather bizarre and I spoke with a banker in HSBC who I know personally. He confirmed (under strict confidence) that HSBC still had huge reserves of gold and that they had stopped selling these. What's more bizarre is the fact that HSBC confirmed that it would have no hesitation in buying gold coins from me, but it would not sell (because there is no supply!).

Anyway, I would be grateful if you could recommend a few gold dealers who would be able to ship my order to Hong Kong. Yours faithfully -----